Copper price back below $9,000 on Evergrande jitters
The global world refined copper market showed a deficit of 90,000 tonnes in June, compared with a surplus of 4,000 tonnes in the prior month.
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Russell: Iron ore makes unruly retreat to more normal price levels
Overall, the market appears to be more in evenly balanced than earlier in the year, when supply was disrupted and China’s steel production was hitting monthly records.
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.
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.
