Iron ore price woes endure as Chinese steel demand faces ‘last hurrah’
Iron ore’s rollercoaster ride this year is set to end with a whimper as the contraction in China’s steel industry heralds further declines.
Latest Stories
Star Minerals raises $3.6m ahead of listing
Explorer will use the funds to acquire its parent company’s Tumblegum South asset in Western Australia.
Teck Resources cuts zinc output forecast on British Columbia fires impact
It also lowered its third-quarter sales outlook for contained zinc from its Red Dog operations in northwest Alaska.
Mountaintop coal mining threatens Appalachian biodiversity
New research shows that streams from heavily mined watersheds in the Appalachian mountains harbour 40% fewer species than streams with cleaner water.
Massive uncut diamond unveiled in New York
The companies are billing the stone as the largest rough diamond to be shown in the United States.
Gold price edges higher as havens rally on growing Evergrande fears
Gold has lost 8% this year as central banks plot a course toward cutting the unprecedented monetary stimulus.
SafeSight aims for safer mine rescue with emergency response drone
SafeSight’s ERD can access small spaces that conventional LiDAR-fitted equipment cannot.
Copper Fox PEA for Schaft Creek porphyry puts development cost at $2.7bn
Schaft Creek is a joint venture of Teck Resources, the 75% owner and operator, and 25% partner Copper Fox.
Azimut’s Quebec gold discovery appears to be widening at depth
More drilling planned, but laboratory backlogs are impeding planning progress.