Trump trade war blows up big week for mining majors
A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.
Since the end of the “flash crash” that hit markets on August 24, when the Dow dropped 1,100 points in the first five minutes of trading, miners have been up.
The $3.15 billion project will tap into the world’s largest and highest grade deposit of polyhalite, used as a fertilizer, inside the North York Moors National Park.
"There'll always be investors wanting to get in early, but the junior market would only really start to benefit once majors instil investor confidence."