Australian miner stocks trail global peers as iron ore drags

Total spending surged 17% last year to $1.8 trillion in installing renewable energy, buying electric vehicles, building hydrogen production systems and deploying other technologies

The Eureka District has a long and successful history of mining since 1864, including some of the world’s highest-grade CRD mines.

Iron ore is having a strong start to the year, with rising prices and robust imports by China.

The latest drilling results from the Safari Link area represent a near-term opportunity for resource and value addition, Lifezone said.

The miner said it was hit by adverse geopolitical risks and postponed furnace repairs, following a drop in production in 2023.

Gold bearishness has flared considerably during recent weeks’ selloff.

"We think copper is making a bottom. I'd be willing to wager on $9,500/tonne before you go down to $7,500," he said.

The bank conducted an investigation leading to the terminations after a male banker in Toronto made a bullying and harassment complaint.

Tin prices have dropped 20% to around $26,500 a metric ton, since hitting a six-month high at $32,680 in January last year.