North America

US-based mining firm Cliffs Natural Resources is considering closing its Bloom Lake iron ore mine in Canada after deciding that the expansion plan is not viable.   The closure is part of the company's plan to exit its Eastern Canadian iron ore operations.   Cliffs had previously said it would…
Osisko Gold Royalties has signed an agreement to acquire Virginia Mines for C$479m ($424m) to create a C$1.3bn ($1.2bn) Montreal-based gold royalty company, which will hold royalty interests in two major gold mines in the province of Québec, Canada.   Under the terms of the deal, the companies will merge…
The New South Wales (NSW) Department of Planning and Environment has recommended Shenhua's Watermark coal project for approval, moving the $1bn development closer to construction.   Located 25km south-east of Gunnedah on the Liverpool Plains, the open cut coal mine is expected to produce ten million tonnes of coal a…
Muswellbrook Coal Company plans to develop a new mine at Castle Rock, about 3km north-east of Muswellbrook in New South Wales, Australia.   Muswellbrook's existing mine is expected to close in the next five years; however, the company intends to make headfway on the new open cut operation.   Development…
Romarco Minerals has signed a binding commitment letter with a consortium of lenders for a $200m debt facility to develop its Haile project in South Carolina, US.   The company signed the deal with lenders, including Caterpillar Financial Services, Macquarie Bank and Société Générale Corporate & Investment Banking.   Romarco…
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