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Mining Outfits Eye 50-Year Supply of Iron Ore

Two companies are looking to mine the largest known iron ore deposit in the West—a 50-year supply at a rate of 1 million metric tons a year.

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On a personal level, I have been part of the business, brokerage and financial columnist worlds for 45 years, since the mid-1960s, and in all those years, I have never seen a collection of negative news items similar to what has been published during the past month. In short, taken together they may very well be describing the end of the economic world systems as we know them.

Legislative And Regulatory Update


• Republican bill would reopen Grand Canyon withdrawal
• Obama recommends additional fees and taxes on miners

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