A new report by GlobalData shows the value of capital raising deals in the metals and mining sector increased from the final quarter last year to over $11 billion in Q1 2019, despite the number of agreements inked falling sharply. GlobalData said...
Read moreCopper’s price slide due to the escalating U.S.-China trade dispute suggests a deteriorating fundamental picture, but bubbling away in the background are supply side problems that are likely to lead to a tighter market. Copper is used in...
Read moreShares of Eldorado Gold rose as much as 14.6% on Monday on optimism that a snap poll called by Greece could result in the election of a new business-friendly party and help resolve permitting problems the miner has faced for years. Greek Prime...
Read moreIn its latest industry trend analysis, Fitch Solutions sets the coking coal price forecast for 2019 at $195/tonne. The analysts predict prices will remain elevated, with strong demand from China’s steel sector as US-China relations...
Read moreWhile iron ore prices have surged to a five-year high above $100 a tonne, not all producers of the steel-making ingredient are sharing in the bounty. It’s no surprise that Brazil’s Vale is struggling. After all, it is largely the...
Read moreBrazil’s Vale’s warning that a tailings dams at its shuttered Gongo Soco mine in Minas Gerais is at risk of rupturing as soon as next week lit a fire under iron ore prices on Friday, sending the steelmaking raw material to a five-year...
Read moreBritish Columbia’s mining sector posted positive results for the second straight year in 2018 coming off a period of lower commodity prices and reduced activity, according to PwC Canada’s latest BC Mine report. In total, BC miners...
Read moreBase metals have had a shaky start to 2019, with a cautious first-quarter advance giving way to an April drop on uncertainty about the global economy and the impact Chinese stimulus will have on consumption. Clouding the outlook are mixed signals...
Read moreChile’s Codelco, the world’s No. 1 copper producer, has begun underground operations at its century-old Chuquicamata mine, ahead of schedule and with more than 8,000 tonnes of ore already extracted since early April. Block-caving, originally...
Read moreIndustrial metal markets are taking a breather as they await tangible evidence that China’s latest stimulus package is feeding through to a flagging manufacturing sector. April’s purchasing managers indices, weaker than expected but...
Read moreChina’s Iron and Steel Association said on Sunday the industry faces ongoing risks from excess capacity, as well as sluggish demand and increased raw material costs that could squeeze profits. The country’s sprawling steel sector...
Read moreChina’s COSCO SHIPPING Ports Ltd is set to sign a $3 billion deal with Peru’s Volcan Compania Minera to invest in the port of Chancay on the South American country’s Pacific coast next month, Volcan chairman said on Friday...
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