Iron ore price rises on hopes of demand recovery after Beijing Olympics
"After the Winter Olympics, there is an opportunity to relax the production limit for steel," analysts at Zhongzhou Futures said.
Latest Stories
Copper price slips as dollar firms after Fed minutes
The US Federal Reserve signaled that it may raise interest rates sooner than expected.
World’s biggest uranium miner says unaffected by Kazakh turmoil
Kazatomprom said it was operating normally with no impact on output or exports, despite unrest in Kazakhstan.
Perth Mint 2021 gold sales hit decade-high despite December dip
The refiner sold 1,050,242 troy ounces of gold last year.
Indonesia revokes more than 2,000 mining and plantation permits
President Joko Widodo said the government has revoked the permits due to non-compliance or because they had not been utilized.
Uranium price surges as unrest grips world’s top supplier Kazakhstan
The Central Asian nation produces more than 40% of the world’s uranium.
South32, Alcoa to restart Alumar aluminum smelter in Brazil
South32 said on Thursday it would spend about $70 million to restart the Alumar smelter.
Trafigura resumes business in Mexico after smuggling accusations
Lopez Obrador’s October claim that Trafigura transported contraband fuel caused some of the firm’s partners and clients including mining conglomerate Grupo Mexico to temporarily curtail business.
Thirsty copper mines turn to sea as Chile water debate rages
While mines in the top copper nation are seeking ways to use less water, there’s only so much they can do.