Iron ore ‘disconnected from fundamentals’ after huge rally
The commodity’s rally has been so strong it’s triggering warnings that the gains have taken the market beyond fundamental drivers and prices are likely set for a pullback.
The commodity’s rally has been so strong it’s triggering warnings that the gains have taken the market beyond fundamental drivers and prices are likely set for a pullback.
The Senate panel asked for implementation of a 40% royalty charge on high-yield mines and recommended the indictment of several Vale executives.
Wolfden notes that the Picket Mountain deposit is one of the highest grade polymetallic projects in North America.
Iron ore price sets fresh 5-and-a-half year high Tuesday, but the good times won't last, says the Australian government's chief economist.
China has been gradually curbing imports of scrap, which accounted for 10% of its copper use in 2018.
Analysts forecast a 2.8% decline in the country’s June copper output.
New Age says the project carries an after tax net present value with a 5% discount of $139 million, and an internal rate of return of 10%.
It’s painful to own gold that may fall in value and doesn’t generate any income – but it could be more painful to own bonds that may fall in value while generating negative income.
We need to consolidate.
We have the potential to turn Ecuador into the second greatest copper-producing nation on earth.