January 14, 2018

China imported a record amount of iron ore in 2017

Hunger for high-quality iron ore from Australia and Brazil pushed Chinese imports of the steelmaking ingredient to a record high in 2017.

January 14, 2018

Gold gains $21 in 3 days on T-bond selloff

Gold enjoyed a nice lift late last week as the yellow metal cruised to $1,337.40 at the close of trading Friday in New York. 

January 12, 2018

Zinc price hits fresh decade high

“From the macro point of view, this is not an environment where you’d want to be shorting metals.”

January 12, 2018

World seaborne coal trade rose 1.5 pct in 2017 – German importers

This rise happened due to a recovery in output in producer countries such as the United States, Russia and China and an accompanying rise in export activity.

January 12, 2018

How China is locking up critical resources in the US’s own backyard

China’s global resource grab, and the ramifications for the rest of the world, are on my radar screen. Are they on yours? If not, maybe they should be.

January 9, 2018

Oil tanker still on fire in the East China Sea

The Sanchi collided with a cargo ship about 260km off the coast of Shanghai.

January 9, 2018

Vale closes sale of fertilizer business to Mosaic for $1.4 billion

Brazilian mining giant is retaining control of the TIPLAM port terminal, which was originally included in the deal.

January 8, 2018

Ivanhoe Mines and Zijin virtually triple hydroelectric output to support the Kamoa-Kakula Copper Project

Fresh Kakula resource estimate being prepared based on drilling completed to the end of December 2017.

January 8, 2018

Australia forecasts 20 pct iron ore price drop in 2018 as China demand eases

Australia expects iron ore prices to average $51.50 a tonne this year because of rising global supply and moderating demand from top importer China.

January 8, 2018

As China restricts scrap, metal companies look to process copper abroad

China told the WTO it would stop accepting certain types of foreign solid waste, including metals, in 2018 if they didn't meet stricter impurity thresholds.