Wood Mackenzie cuts iron ore price outlook as markets fall again
The UK-based research and consultancy group has dropped its price forecast to $63 a tonne or 12% below last year's average of $71 per tonne.
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China demand and tight supplies set to sustain nickel price rally
LME nickel breaks through $14,000 per tonne.
Rio Tinto autonomous trucks now hauling a quarter of Pilbara material
The miner's autonomous haulage system (AHS) fleet has already moved over one billion tonnes of ore and waste material within the Pilbara region of Western Australia.
Fortescue Q2 shipments fall, flags higher iron ore discount
The iron ore producer said shipments fell to 40.5m tonnes in the three months ended Dec. 31 versus 42.2m tonnes in the same period a year ago.
Australia’s Newcrest Q2 gold output down marginally, maintains 2018 guidance
Newcrest Mining Ltd's second-quarter gold production fell 0.3 percent from a year ago but rose 17.2 percent over the prior quarter.
CHART: Hedge funds have never been this bullish about the oil price
Large scale speculators in West Texas Intermediate and Brent crude oil futures have built up bullish positions equivalent to a staggering 1 billion barrels.
Appeal of $15m BC thermal coal terminal project rejected by court
The appeal against the terminal at Fraser Surrey Docks was made by two community groups backed by Ecojustice last week.
Africa’s newest gold miner starts output and sees potential IPO
Toro Gold became Africa’s newest gold producer last week after delivering first batch of bullion; firm is now weighing possibility of selling shares in 2018.
Loulo-Gounkoto set for record production
The gold mining complex is on track to improve on its record performance, with last year’s production expected to reach a new peak.