Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI
Looking beyond 2024-2025, BMI analysts maintained their view that iron ore prices will likely follow a multi-year downtrend.
Capital Mining (ASX:CMY) announced that initial drilling at the Mundaerno South project in South Australia has indicated uranium and vanadium mineralization.
The press release is quoted as saying:
Capital Mining said the drilling has provided valuable new information about the geology and prospectivity of the area, which puts follow up exploration on a sound footing.