Chinese scrap at 10-year low pressures iron ore price
Chinese scrap – typically around 90% Fe – has fallen to below 62% iron ore at its 2011 peak and below domestic pig iron prices.
Latest Stories
Gold price: Hedge funds push bullish bets to 8-month high
Large gold futures speculators lift bullish positions 47% to 345 tonnes, the fifth week in a row of gains ahead of crucial Fed interest rate decision.
Weidmuller Hazardous Area Junction boxes and Klippon® Control Stations
The safe way to control work processes in hazardous areas
Whole lotta Maptek technology on show at free customer forums
Maptek customers in North America are taking advantage of regional forums showcasing the latest in mining technology.
Tony Napier Announced as NLT Australia’s Business Unit Manager, Global Digital Solutions
Tony brings over three decades of mine related expertise to the existing NLT team.
Weak metal prices to hit miners through 2016 — Moody’s
The situation, says the ratings agency, won’t change over the next 12 to 18 months, and metal prices may fall even further.
Rio’s controversial Warkworth coal mine extension close to final approval
The NSW Department of Planning has recommended conditional approval of the much needed and long-debated mine expansion, as its current permit expires in June 2017.
Skeena Resources trades up after intersect results
14 metres grading 7.82 g/t Au.
US aluminum producers say Chinese firm evading import duties
The case, filed with the U.S. Commerce Department late last week, is considered the first formal move to curb China's aluminum exports.
