Iron ore price jumps 5% after Vale suspension
"Supply disruption could provide short-term support to the market, which has eased from six-year highs earlier this month."
Latest Stories
A fight over gas in Australia has delivered a win for fossil fuels
Decision to give the go-ahead to Santos Ltd.'s $2.6 billion coal-seam gas project follows a decade-long struggle with environmentalists and regulators.
Pan American Silver restarts Huaron and Morococha
The world’s second largest primary silver producer had suspended normal operations at its mines in Peru in March to comply with mandatory national quarantine.
Output from top copper producers down 3.7% in Q2 2020 – report
Overall copper production is forecast to drop by 1.5% this year to 20.3Mt.
Copper price surges on booming Chinese factories
Gauge of manufacturing shows new orders at China's factories jumping to 9-year high as top copper consumer enters "above-trend growth" period.
Galleon Gold confirms high-grade discovery at West Cache
Drillhole assays for hole WC-20-42 confirm the discovery of a new, high-grade and near-surface gold zone at the 32-sq-km property.
Lundin seeks mediation to stave off strike at Candelaria mine
The mine's union of 350 members rejected the company's latest offer.
Troilus outlines new gold zone in Quebec
Sample highlights from the new area include 9.7 g/t gold and 1.1 g/t silver; 2.81 g/t gold; 2.69 g/t gold; and 2.24 g/t gold.
Kinross to acquire 70% of Peak Gold in Alaska for $93m
The open-pit project is expected to start production in 2024.