Aggregate market cap of the top 100 junior mining companies was up 7% to $12.2 billion, a level not seen since 2010, but the group significantly underperformed the Venture Exchange as a whole.
Production goals for Vale's Carajas project, the world's largest open-air iron ore mine, are directly tied to cargo shipments on its railroad there, which carries output to Brazil's Ponta da Madeira port.
BHP CCO Balhuizen says while 2017 marks "tipping point" for EVs entering mainstream of metals demand forecasting, in terms of sales mass move is further off.
Company said it would keep its Beatrix West gold mine running for as long as it makes a profit, on average, over any continuous period of three months.
The equipment maker has a very strong presence in Europe, Australia and Africa, but says in North and South America there's plenty of room for improvement.