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By Allison Martell NEW YORK (Reuters) - Cliffs Natural Resources Inc said on Wednesday that if iron ore prices fell further, it could scrap a key expansion at its Bloom Lake mine in Canada`s iron-rich Labrador Trough region. The company already delayed the expansion, which will double production capacity to 16 million metric tons a year, after benchmark iron ore prices plunged from a peak of over $190 per metric ton in 2011 to below $90 in 2012. The price has since recovered to around $120 per metric ton. ...
Wednesday, June 19, 2013 22:28 |
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MOGADISHU, Somalia (AP) — Seven al-Qaida-linked gunmen detonated a pick-up truck rigged with explosives at the gate of the U.N. compound in Somalia`s capital Wednesday, launching a bombs-and-gunfire assault that saw militants pour into the complex, killing at least nine people, including three foreigners, officials said.
Wednesday, June 19, 2013 16:09 |
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BERLIN (Reuters) - Germany has agreed the financing of an 8-billion euro fund to help repair damage caused by the worst flooding in a decade, with both the federal government and states footing the bill, the finance ministry said on Wednesday. The federal government at the outset will itself raise the full amount for the so-called `reconstruction aid` fund because of initial disagreement with the states on how the 16 regions would contribute their share of the cost. ...
Wednesday, June 19, 2013 16:24 |
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SINGAPORE (AP) — Singaporeans rolled back military training, kept cough-stricken children indoors and considered wearing protective masks to work after a smoky haze triggered by forest fires in neighboring Indonesia caused air pollution to briefly hit its worst level in nearly 16 years.
Wednesday, June 19, 2013 03:26 |
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Offer latest attempt to keep computer maker a public company.
Wednesday, June 19, 2013 14:04 |
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Champions League veterans Owen Hargreaves and David Ginola discuss the game between Bayern Munich and Borussia Dortmund.
Tuesday, June 18, 2013 14:47 |
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Nmamdi Oduamadi scores a hat-trick as Nigeria beat South Pacific islanders Tahiti 6-1 in Belo Horizonte.
Monday, June 17, 2013 22:15 |
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Paula Cooper, who earned a bachelor`s degree while in prison, was given at least $75 and taken to an undisclosed location for her release.
Monday, June 17, 2013 18:39 |
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Paula Cooper, who earned a bachelor`s degree while in prison, was given at least $75 and taken to an undisclosed location for her release.
Monday, June 17, 2013 18:32 |
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An appeal from Pope John Paul II, an international campaign to overturn the death sentence and legal challenges helped spare Cooper`s life.
Monday, June 17, 2013 18:21 |
