Congo-Brazzaville shipped its first iron-ore exports on Friday ahead of an expected boom in production from mines owned by Congolese billionaire Paul Obambi’s Sapro and Swiss commodities giant Glencore. Sapro mined the oil-dependent Central African cou…
Congo-Brazzaville ships first iron ore ahead of expected production boom Read More »
Congo-Brazzaville shipped its first iron-ore exports on Friday ahead of an expected boom in production from mines owned by Congolese billionaire Paul Obambi’s Sapro and Swiss commodities giant Glencore. Sapro mined the oil-dependent Central African cou…
Congo-Brazzaville ships first iron-ore ahead of expected production boom Read More »
Niron Metals, an investment vehicle co-founded and headed by Davis, has struck a deal with Liberia allowing it to use a rail and port to export iron ore from Guinea’s Zogota iron ore deposit.
The post Mick Davis a step closer to mining iron ore in Guinea with Liberia deal appeared first on MINING.com.
Mick Davis a step closer to mining iron ore in Guinea with Liberia deal Read More »
The sharp rise in iron-ore prices to over $90 per dry metric ton (dmt) from under $75/dmt since January, may be “more structural than initially anticipated”, says Fitch Ratings. It believes sustained iron-ore prices of above $85/dmt over the next 9 to …
Fitch warns iron-ore price increase may be ‘more structural’ than initially thought Read More »
Iron-ore major Fortescue Metals has tightened its full year export guidance following Tropical Cyclone Veronica, in late March.
The company on Thursday reported that the wet weather conditions resulted in the loss of five days of shipments, equating t…
Fortescue takes a hit from Veronica Read More »
Mining dealmaker Mick Davis has won permission to export iron-ore from a planned mine in West Africa, adding momentum to the industry veteran’s comeback. Davis, through his new Niron Metals vehicle, has signed an agreement with Liberia that will allow …
Mick Davis moves closer to iron-ore mining with Liberian deal Read More »
Brazilian iron-ore miner Vale said in a securities filing late on Tuesday that within 72 hours it expects to resume operations at the Brucutu mine, its largest in Minas Gerais state.
Brucutu was shuttered in early February by request of Minas Gerais s…
Vale expects to resume Brucutu mine operations within 72 hrs – filing Read More »
But the iron ore price surge won’t last says new survey of commodity analysts.
The post Cobalt, uranium and silver prices expected to rally in 2019 appeared first on MINING.com.
Cobalt, uranium and silver prices expected to rally in 2019 Read More »
Indian iron-ore production during last financial year has been provisionally pegged at an eight-year high, but the domestic market is plagued by the dichotomous dynamics of rising imports and unsold stockpiles across the regions. According to prelimina…
Indian iron-ore production peaks, but imports continue to surge Read More »
The supply/demand dynamics benefit Australia’s iron ore miners, according to the latest research by the Macquarie Group.
The post Iron ore price rally could give BHP, Rio Tinto 30% earnings boost appeared first on MINING.com.
Iron ore price rally could give BHP, Rio Tinto 30% earnings boost Read More »
