Analysts not convinced the iron ore price run has legs
“High iron ore prices in early 2021 are unsustainable, but market fundamentals remain strong," says Moody’s senior VP Barbara Mattos.
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Kinross aims for carbon neutrality by 2050
Kinross produced 558,777 gold-equivalent ounces (GEOs) in Q1, compared to 567,327 GEOs produced in the same quarter of 2020.
Record gold output, but Hudbay posts loss in Q1
Despite strong metal prices, revenue fell to $313.6 million for the period, compared to $322,3 million for the last quarter of 2020.
China may target Australian LNG despite costly coal ban: Russell
Bloomberg reported earlier this week that smaller LNG buyers in China have been told to avoid taking Australian cargoes.
“China is overproducing, we would expect to see some slowing down in H2” — Ferrexpo CEO
China’s massive physical purchases of iron ore have been the primary driver of the post-pandemic price rally.
Codelco to break ground on $1.4 billion Salvador copper project
Codelco is in the midst of a 10-year, $40 billion initiative to upgrade its sprawling but aging mines.
i-80 Gold shares up after land acquisition at Getchell
Company has completed a property acquisition with members of the Christison family and Seven Dot Cattle Co. in Humboldt County, Nevada.
North America’s mining sector saw $1.34bn worth of cross border deals in Q1 – report
North America’s metals & mining industry saw a rise of 10.50% in cross border deal activity during Q1 2021.
Barksdale acquires Arizona copper projects from Rio Tinto
The company has more than doubled its footprint in the largest copper producing US state.
