BHP iron ore output hits new record but copper production tanks
World number one miner's Pilbara mines produce 268m tonnes for the year, but strike at Escondida sees copper output slide 16%.
World number one miner's Pilbara mines produce 268m tonnes for the year, but strike at Escondida sees copper output slide 16%.
From the recent low of $53.36 a tonne hit on June 13, iron ore prices have now surged more than 27%.
The world's largest miner believes potash will be a $50 billion market by the late 2040s.
Members of ALROSA Supervisory Board voted to approve Anton Siluanov, Minister of Finance of the Russian Federation, as Chairman of the Supervisory Board.
Ore with 62% content in Qingdao added $1.86 overnight to close at $65.91, the highest since May 3 and 20% more than those year lows hit mid-June
Physical demand for gold has been surging in India since January.
During the first quarter of 2017, Metso signed three new long-term maintenance contracts with major mining companies in the Pacific Rim region.
China's supply of steel scrap is surging as aged buildings, bridges and cars produced over decades of rapid economic growth are knocked down, dismantled or crushed.
When mining companies need to move a lot of material they turn to some of the biggest equipment in the business.
The flow of Indonesian nickel ore to China has resumed after a three-and-a-half year break.