Iron ore futures down
Ore for September closed around 7.3% lower at $95.63 a tonne in Singapore. Benchmark spot material dropped to $99.50 a tonne on Monday.
Latest Stories
Australia wants to streamline resource sector regulation
The Productivity Commission will look at best-practice examples of regulation that will remove unnecessary costs for mining companies.
BHP boosts nickel reserves by 77%, gears up for EV market
After years on the block, BHP declared its nickel business core in May on the back of promising demand expectations from the electric vehicle industry.
There’s one metal worrying Tesla and EV battery suppliers
Battery producers and electric automakers, including Tesla, are concerned over longer-term supplies of nickel.
The top miners are split on how to chase the EV battery boom
Big names like BHP and Glencore can't seem to agree on which metals will deliver the best long-term exposure to the developing global market.
Gold market in H1 2019
After the first half of the year, gold gained more than 10 percent, rising from $1,279 at the end of December 2018 to $1,409 at the end of June 2019.
Australian Indigenous group to sue government over mining operations in Northern Territory
The Gumatj people claim there is a loss of native title over Rio Tinto's Gove operations, previously owned by Nabalco.
Gabon’s new mining code to boost revenue, attract investment
The new code is intended to improve conditions for companies and increase revenue for the state.
Bacteria could be used to mine iron in space
University of Colorado scientists are investigating the possibility of biomining iron from lunar, Martian and asteroid regolith simulant
