Category: Mining
Depth coverage on mining industry: ore markets, infrastructure updates, and company news.
Iron Ore Prices Surge Over 10% Amid China’s Infrastructure Boost
Iron ore prices rise over 10% in July as China’s infrastructure projects drive market optimism and steel production…
US Copper Tariff Opens Arbitrage Window Amid Supply Chain Challenges
US copper tariff sparks arbitrage and tests supply chain; self-sufficiency may take 10 years despite price surge.
Peru Mulls Green Light for $6 Billion in Mining Projects
Peru considers approving $6 billion in mining projects amid protests and political instability.
South32 Resumes Manganese Exports from Gemco Mine
South32 resumes manganese exports from Gemco mine, signaling a production recovery after Cyclone Megan’s disruption.
Guardian Metal Resources Advances Pilot Mountain Tungsten Project with $6M DoD Funding
Guardian Metal secures $6.2M from the US Department of Defense to advance Pilot Mountain tungsten project, boosting US…
US Targets Mine Waste to Boost Local Critical Minerals Supply
US moves to recover critical minerals from mine waste, reducing foreign reliance and boosting domestic supply…
Magnetic REE Demand to Triple by 2035, Supply Risks Loom
Magnetic rare earth demand will triple by 2035, McKinsey says, raising major supply and geopolitical concerns.
Glencore Mount Isa Closure Marks Major Shift in Australian Copper Production
Glencore to shut Mount Isa copper mines, risking 500 jobs and signaling Australia’s upstream copper exit.
Iron Ore Prices Rise to Highest Level Since February on China Infrastructure Hopes
Iron ore prices hit $112.74/t in July, the highest since February, driven by Chinese demand and infrastructure plans.
New World takeover battle nears end as Kinterra outbids CAML
Kinterra Capital leads the New World takeover with a superior copper asset bid, as CAML withdraws from the race.
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