July 20, 2016

Metals and mining rally has staying power

Industrial metals are now all trading above their 100-day moving averages and most are no longer in backwardation.

July 20, 2016

Ferrobamba and Tenova sign a cooperation agreement for the Aymaraes (Peru) iron ore development project

Ferrobamba selects Tenova HYL Micro Module to develop its iron ore deposit and build a 250,000 t/y High Carbon DRI plant in Peru

July 20, 2016

Heavy snowfall in Chile forces Anglo to cut annual copper target

Shares plunged after miner revealed that output fell almost across the board in the April – June period.

July 19, 2016

BHP’s copper output to bounce back

World's top miner expects to produce 1.7 million tonnes in 2017 as output at giant Escondida mine jumps 9%.

July 19, 2016

Ugly week for iron ore price

Down 6.3% over five trading days.

July 19, 2016

Mick Davis to overhaul X2 Resources as fund fails to close any mining deal

Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.

July 18, 2016

Did $78 billion South African gold exports really go missing?

According to a UN report, since 2000 two-thirds of South Africa's gold exports – mostly to India – did not appear on its trade partners' books.

July 18, 2016

Mount Gibson’s new iron ore mine in Australia closer to final approval

The approval of Iron Hill mine would the iron ore producer to remain in business for another two to three years.

July 14, 2016

BHP unlikely to reopen Samarco this year amid Brazil’s criminal probe

The firm said about 40% of its Brazilian workforce would take voluntary redundancy to reflect reduced production.

July 12, 2016

Iron ore skyrockets to nearly $60 per tonne

Chinese import price for 62% iron content fines at the port of Qinqdao rose 6.7% to $59.38 a tonne, the largest one-day percentage increase since April 21.