Iron ore price falls as property crisis threatens to drag down steel industry
Almost a third of China’s steel mills could go into bankruptcy in a squeeze that’s likely to last five years, said the chairman of Hebei Jingye Steel Group.
The world's no. 1 miner rewarded investors with a record $5.1bn first-half dividend and forecasted a “very constructive” outlook for the commodities market fundamentals.
The rise of cryptocurrencies, including red-hot Bitcoin, just handed one of the world’s leading gold miners one more reason to urge investors to buy the age-old haven that is bullion.