‘Peaking’ supply surge to lift iron ore price above $100
Research note from Citi sees $90 as support and a move back above $100 in Q4, but UBS warns on collateralized loans.
Research note from Citi sees $90 as support and a move back above $100 in Q4, but UBS warns on collateralized loans.
We will be tracking these precious metals and oil & gas companies with game-changing catalysts on the newly launched Natural Resources Watchlist.
The incident comes on the heels of jobs reductions announced last week, which affected about 50 contractors.
Natural gas, which is essentially methane (CH4), may burn cleaner than coal, but what happens when it isn't burned?
CEO Andrew Mackenzie says miner's China-focused investment is shifting and its rapid iron ore expansion came at the expense of the overall business.
Global net profits have dropped to $20 billion in the last year, with gold, coal and diversified miners being the worst affected.
EPA's radical new rules make building new coal-fired power plants unfeasible while 15% of existing capacity will be shut down within two years, reducing demand.
With a further $300 billion in coal transportation infrastructure to meet global demand over the next 20 years.
Ricardo Carrión and Alberto Arispe of Peru-based Kallpa Securities have a boots-on-the-ground view of the politics, legal battles and investment climate for precious metals mining in the Andes.