This iron ore rally is living on borrowed time
Those inclined to make a bullish bet on disaster may be in for a dose of karma. This rally is more likely to collapse than extend.
Latest Stories
Japan’s JFE says no impact on iron ore buying after Vale dam disaster
We need to closely watch Vale's overall output and how it will impact on iron ore markets going forward.
Asia Gold-Chinese demand jumps; Indian buyers hold off with eye on budget
Global benchmark gold prices registered a fourth straight monthly gain in January.
Brazil’s mine disaster shows its shaky foundation
The disaster was also a cautionary tale about how government overreach and flawed corporate governance can contaminate policy.
Zambia fires CEO of state mining investment arm ZCCM-IH
Zambia, Africa's No.2 copper producer, introduced a new 10 percent tax when the price of copper exceeds $7,500 per tonne.
Glencore keeps 2019 guidance after copper, cobalt output jumps
Production of cobalt, used in batteries for EV's, reached 42,200 tonnes in 2018 while copper hit 1.453 million tonnes.
Japan’s Mitsui trims FY profit outlook, to keep stake in Vale
"Vale is an important strategic partner"
Vale says alarms didn’t go off on time in Brumadinho due to ‘speed’ of sludge
The argument is being harshly criticized by experts and locals, who believe the law-enforced audible could have saved lives.
Sokoman acquires 100% interest in the Newfoundland’s Moosehead gold project
Moosehead features high-grade gold mineralization with drill intersections of up to 170.3 g/t Au over 1.53 metres.
