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Brazil iron ore exports seen surging in 2024 if rivers stay high
Brazil’s Corumba region could more than double iron ore shipments through neighboring Uruguay this year if there is enough water in the rivers, according to one of the biggest logistics companies on the Paraguay- Paraná Hidrovia system.
Saturday, April 27, 2024 - 17:28:19
BHP’s bid for Anglo casts cloud over $9 billion fertilizer mine
BHP Group Ltd.’s proposal for a $39 billion takeover of rival Anglo American Plc is all about securing plenty of copper supplies — so now, the potential deal is throwing uncertainty over the future for Anglo’s massive fertilizer mine in England.
Saturday, April 27, 2024 - 17:25:53
Anglo’s stumbles have made it prey for mining’s biggest predator
When former boss Mark Cutifani left Anglo American Plc in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the company had recently posted its best-ever annual profit and the popular industry veteran was handing over to a trusted lieutenant. Anglo stock hit a record the same day.
Friday, April 26, 2024 - 17:23:21
Implats weighs 3,900 job cuts in South Africa as price rout takes toll
Impala Platinum could cut 3,900 jobs as it restructures its South African operations due to lower metal prices, the miner said on Friday, with the news likely to pile more pressure on the government weeks before a general election.
Friday, April 26, 2024 - 17:18:55
Australian Strategic gets debt funding for rare earths project
Australian Strategic Materials ASM.AX said on Friday it has received a non-binding letter of interest for a debt funding package of up to A$400 million ($260.84 million) from Canada’s official export credit agency.
Friday, April 26, 2024 - 17:17:37
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Codelco output keeps falling, underscoring copper struggles
Top copper producer Codelco reported a decline in quarterly output due to lower quality ore at its aging Chilean mines — the latest sign of supply-side struggles that have helped send metal prices to two-year highs.
Sunday, April 28, 2024 - 17:29:39
Chile president wants copper output boost of 1Mt by 2026
Chile President Gabriel Boric said on Thursday he is targeting an increase in the country’s annual copper output by 1 million metric tons by the end of his term in 2026.
Friday, April 26, 2024 - 17:22:19
Vale sees no impact from BHP-Anglo deal on Minas-Rio project
Brazilian miner Vale SA sees no impact from BHP Group’s bid for Anglo American on the latter’s Minas-Rio project, its CEO Eduardo Bartolomeu said on Thursday.
Friday, April 26, 2024 - 17:21:00
SQM partner Tianqi Lithium requests shareholders vote on Codelco tie-up
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company SQM, in which it is a major shareholder, and state-run copper miner Codelco be put to a shareholder’s vote.
Thursday, April 25, 2024 - 17:12:13
BlackRock says $12,000 copper is needed to incentivize new mines
Copper needs to reach $12,000 a ton — a 20% jump from this week’s high — to incentivize large-scale investments in new mines, said Olivia Markham, who co-manages the BlackRock World Mining Fund.
Thursday, April 25, 2024 - 17:10:30
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Marex Group’s IPO raises $292 million
Marex Group Plc and a group of the London-based firm’s shareholders raised about $292 million in a US initial public offering priced within a marketed range.
Friday, April 26, 2024 - 17:19:59
Newmont beats quarterly profit, production estimates on Newcrest assets boost
Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday, as the world’s largest gold miner benefited from strong production and higher sales.
Thursday, April 25, 2024 - 17:06:19
China’s Zhaojin Mining buyout offer for Tietto Minerals now unconditional
China’s Zhaojin Mining Industry said on Wednesday that its A$733 million ($477.8 million) offer to buy Australia’s Tietto Minerals has become unconditional.
Wednesday, April 24, 2024 - 19:12:01
Ghana miners seek termination of Future Global Resources’ lease
Ghana Mine Workers Union is demanding the termination of the mining lease of Future Global Resources Ltd. because the company lacks the finances to invest and operate the Bogoso-Prestea gold mine it acquired more than three years ago.
Wednesday, April 24, 2024 - 16:43:46
Gold’s record-setting rally may have its roots in Chinese frenzy
Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher despite headwinds that should have held it back. With prices sagging this week, the explanation may lie in China.
Tuesday, April 23, 2024 - 18:57:08
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Miner owned by South America’s richest family mulls bond sale
Copper miner Antofagasta Plc is holding meetings with investors this week for its first dollar bond offering in nearly two years, people familiar with the matter said.
Friday, April 26, 2024 - 17:16:02
Zimbabwe names new mines minister in mini-reshuffle
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines minister, a post he held before last year’s elections.
Wednesday, April 24, 2024 - 19:15:11
BHP targets Anglo American in bid valued at $39 billion
BHP Group Ltd. proposed a takeover of Anglo American Plc that values the smaller miner at £31.1 billion ($38.8 billion), in a deal that would catapult the combined company’s copper production far beyond its rivals while sparking the biggest shakeup in the industry in over a decade.
Wednesday, April 24, 2024 - 16:49:16
First Quantum Minerals cuts debt by over $1bn in first quarter
Canadian miner First Quantum Minerals said on Tuesday that it has cut its debt by $1.14 billion in the first quarter.
Tuesday, April 23, 2024 - 18:59:12
Airbus wins reprieve from Canadian sanctions on Russian titanium
Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal in the latest package of measures triggered by the war in Ukraine.
Tuesday, April 23, 2024 - 18:45:55
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فارسی

China: Spot Iron ore Prices Uptick

China: Spot Iron ore Prices Uptick

Mining News Pro - Iron ore price for Fe 62% fines has been witnessing increase since the beginning of last week. Benchmark iron ore fines (Fe 62%) index increased today and is assessed at USD 65.2/MT CFR, China against USD 63/MT a week ago. Thus on W-o-W basis, it has climbed by USD 2.2/MT.

Tuesday, July 24, 2018 - 11:34:23 AM

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Codelco output keeps falling, underscoring copper struggles

Brazil iron ore exports seen surging in 2024 if rivers stay high

BHP’s bid for Anglo casts cloud over $9 billion fertilizer mine

Anglo’s stumbles have made it prey for mining’s biggest predator

Chile president wants copper output boost of 1Mt by 2026

Vale sees no impact from BHP-Anglo deal on Minas-Rio project

Marex Group’s IPO raises $292 million

Implats weighs 3,900 job cuts in South Africa as price rout takes toll

Australian Strategic gets debt funding for rare earths project

Miner owned by South America’s richest family mulls bond sale

Vale sees no impact from BHP-Anglo deal on Minas-Rio project

Codelco output keeps falling, underscoring copper struggles

Marex Group’s IPO raises $292 million

Chile president wants copper output boost of 1Mt by 2026

Implats weighs 3,900 job cuts in South Africa as price rout takes toll

Australian Strategic gets debt funding for rare earths project

Brazil iron ore exports seen surging in 2024 if rivers stay high

Anglo’s stumbles have made it prey for mining’s biggest predator

BHP’s bid for Anglo casts cloud over $9 billion fertilizer mine

Miner owned by South America’s richest family mulls bond sale

BHP targets Anglo American in bid valued at $39 billion

Airbus wins reprieve from Canadian sanctions on Russian titanium

Polish government drops coal merger idea

Adani kicks off $1.2 billion Indian copper smelter

Chinese miners eye overseas deals after battery metals slump

Iron ore price edges higher on hopes of China’s demand recovery

Iron ore hit by fresh selling as traders fret over China demand

Africa to play ‘huge role’ in US critical mineral strategy, says Treasury’s No. 2

Gold output falls in Burkina Faso as terrorist attacks increase

Oil and gas upstream M&A deal value hits highest Q1 levels since 2017

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