There’s a death match among iron ore producers, with the big Australian miners and Brazil's Vale increasing pressure on their high-cost Chinese rivals.
Keith Phillips, a managing director and head of Cowen & Company's Mining Investment Banking Group, says strong companies with solid balance sheets are on the hunt for precious metals development projects or small producers trading at steep discounts.
HIgh-grade maiden resource for 1 of 4 deposits Highland Copper wants to combine to restart mining in region where copper production dates back to 1845.