MINING.COM Staff Writer, Author at MINING.COM

China’s Property Crisis Threatens to Drag Down Steel Industry

Iron ore price falls as property crisis threatens to drag down steel industry

Almost a third of China’s steel mills could go into bankruptcy in a squeeze that’s likely to last five years, said the chairman of Hebei Jingye Steel Group.

MINING.COM Staff Writer | August 3, 2022 | 8:51 am

Copper price falls as Taiwan tensions spark risk-off selling

US House of Representatives Speaker Nancy Pelosi landed in Taiwan on Tuesday evening in defiance of Chinese threats.

MINING.COM Staff Writer | August 2, 2022 | 8:32 am

Copper price expected to rebound further, poll shows

News of more infrastructure projects and support for China's property market boosted copper prices this week.

MINING.COM Staff Writer | July 29, 2022 | 9:35 am

Iron ore price retreats as China’s zero-covid policy clouds demand

Investors had been optimistic more aid was on its way to revive construction projects but none was forthcoming during a key Politburo meeting.

MINING.COM Staff Writer | July 29, 2022 | 9:17 am

Iron ore hits 4-week high as China demand outlook brightens

Iron ore price hits 4-week high boosted by rebounding steel margins in China

Twelve blast furnaces in China have resumed operations as margins improved, Chinese metals information provider SMM reported.

MINING.COM Staff Writer | July 28, 2022 | 8:48 am

LUCARA FOUNDER AND FORMER CHAIRMAN AND DIRECTOR LUKAS H. LUNDIN PASSES AWAY

Lundin Group founder Lukas Lundin dies at age 64

The mining entrepreneur died in Geneva at the age of 64, following a two-year battle with brain cancer.

MINING.COM Staff Writer | July 27, 2022 | 9:04 am

Copper price rises on supply risks and softening dollar

MMG suspended copper production targets while Vale and Antofagasta cut their 2022 copper production outlook.

MINING.COM Staff Writer | July 26, 2022 | 9:13 am

China’s palladium imports from Russia rise to a record high

The world’s biggest miner of the precious metal is rerouting shipments as many of its usual customers shun its goods following the invasion of Ukraine.

MINING.COM Staff Writer | July 26, 2022 | 8:41 am