Iron ore sheds almost 4 pct more — worst week since May 2016
The commodity has fallen every week so far in September.
Latest Stories
The graphite fix: Inside China’s newest commodity addiction
Environmental protection campaigns in China are tightening the country's supplies of both graphite and needle coke.
Miner Kincora secures EBRD help to explore Mongolia
The European Bank for Reconstruction and Development will acquire a 6.16 percent stake in the Canadian company for 1.4 million Canadian dollars ($1.1 million) to further its exploration in Mongolia.
More bad news for copper price
Concentrate supply appears abundant as Chinese smelters hike treatment and refining charges by as much as 10%.
Brazil’s Votorantim Metais files for New York, Toronto IPO
Brazil-based mining company Votorantim Metais Holding SA filed on Thursday for an initial public offering in New York and Toronto, to tap into a wide base of investors betting on a long-term recovery in zinc, copper, lead and silver prices.
Iron ore price craters
Benchmark price down 7.4% on Thursday.
Iron ore’s recent reversal likely the start of longer slide: Russell
As always when prices start to decline after a surge that appeared unrelated to supply-demand fundamentals, the question is will the reverse become a rout and where exactly does fair value lie?
Alrosa finds gigantic pink diamond, likely its most expensive one
Alrosa is currently trying to decide on whether to sell the 27.85-carat rock as a rough diamond, or cut and polish it.
Eldorado defers decision to halt operations in Greece as talks with Gov’t begin
Company said it preserved the right to shut down operations in the country and to take legal actions to protect itself and its assets should the dialogue with the ministry of energy and environment fails.
