As Goldman backs off, Citi says chase iron ore rally to $100
Iron ore’s poised to hit $100 a ton, according to Citigroup, which highlighted “very, very low” seaborne cargoes just as data from China may show a pick-up in demand.
Latest Stories
A million tonnes of copper is on the way: it may not be enough
Giant mines currently under construction will churn out an additional one million tonnes of copper through 2023, but that won’t be enough.
Cordoba to drill for porphyry source beneath Alacran
The company is planning a 1,000-metre drill program at its Alacran copper-gold deposit, part of its San Matias project in Colombia.
First bikes, then cars, now diggers as batteries’ reach spreads
Komatsu’s “zero-emission” electric digger mirrors a push by global automakers to produce vehicles that meet stricter emissions standards.
China’s Tewoo is said to sell copper at below-market rates
One of China’s top commodity traders is reportedly offloading refined copper at below-market rates and using the metal as collateral in financing agreements with banks.
Is coal’s slump overdone? Australia’s resilient exports suggest maybe
There are some signs that the rapid decline in thermal coal prices in recent months has moved the market into oversold territory.
Anglo vows to quit Los Bronces $3B expansion if it affects nearby glaciers
The area around Los Bronces copper mine hosts 30% of Chile's copper resources and 10% of the world's.
MineWare and Komatsu launch solution aimed at increasing productivity of loading tool
Currently available only in the Komatsu PC7000-11 models, the Argus PLM system will be rolled out across other PC series excavator models later on.
Mining students learn to develop feasibility studies using high-tech solution
The Riivos-built mining financial technology software helps them spend less time building spreadsheet models and more time optimizing their mine project economics.
