Iron ore will go back to $50, says Goldman Sachs
Analyst Hui Shan said that Goldman’s projections see iron ore falling to $60 a ton in three months, $55 in six and $50 in 12.
Latest Stories
Hebron project off Newfoundland coast kicks off oil production
It's expected to help Atlantic Canada offshore production rise 44% to 307,000 bpd by 2024.
Tax payments from Minnesota’s iron ore industry show lower production
Taconite-pellet plants and ore-concentrating firms produced 29 million tonnes last year, down from 33 million tonnes in 2015.
Canada’s Goldcorp challenges you to disrupt mining
Miner is calling companies and individuals to participate in #DisruptMining, a challenge aimed at accelerating the pace of innovation in the sector by thinking differently and seeking cross-sector collaboration.
Alrosa ready to auction the most expensive diamond ever polished in Russia
More than 130 potential buyers have already registered to participate in Wednesday’s online sale of the five-diamond collection, which includes the giant 51.4-carat Dynasty.
BHP tightens belt, targets $1.6bn in cost-cutting at Australian operations
The world’s No.1 miner is targeting as much as $1.6 billion in productivity gains at its iron ore, copper and coal units in the country over the next two years.
London’s largest mining companies
There are only 8 companies in London that crack the $1B valuation.
Prince Harry gives “invaluable” diamond ring to his fiancé
The jewel was designed by the Prince himself.
U.S. environmentalists file lawsuit to overturn approval of Canadian copper mine
The activists oppose Hudbay's Rosemont Project in the Santa Rita Mountains.
