Turquoise Hill’s stock tanks on Mongolia troubles
The Vancouver-based miner reported expansion costs at its Oyu Tolgoi mine could increase over $1 billion.
Latest Stories
China June alumina output rises to highest since May 2017 – stats bureau
China’s alumina output rose by 5.4% year-on-year to 6.41 million tonnes in June, its highest in more than two years, according to […]
China iron ore surges to record high on rosy demand outlook
Iron ore's extended rally comes just days after China's top steel companies sought government help in keeping the market stable.
China promises iron ore “market order” in meeting with steel mills-source
They will also examine whether companies are using affiliated entities to place trades on the DCE in violation of the market rules.
Vale to adjust provisions for Brazil dam disaster in Q2 results
Vale had announced it would pay $106 million to compensate workers affected by the deadly rupture of a tailing dam in January.
Two new coal mine proposals under review in British Columbia
Exports of met coal from BC hit $5.6 billion in 2018.
Fresh opposition to Southern Copper’s billion-dollar project in Peru
Locals claim the open-pit mine will damage crops and affect water supplies.
Alrosa recovers large diamond from Verkhne-Munskoye deposit
The stone weighs 63.15 carats and it is transparent with a yellow hue.
Rio faces $1.9bn cost blowout, delays at Oyu Tolgoi
The first sustainable production is now expected between May 2022 and June 2023.
