Markets see 'little crazy rise' in imported iron ore prices
A string of factors are pushing seaborne iron ore prices to a two-year high with positive consequences foreseen for Brazilian and Australian producers, analysts say.
A string of factors are pushing seaborne iron ore prices to a two-year high with positive consequences foreseen for Brazilian and Australian producers, analysts say.
At the CRU annual conference in Santiago, the country's mining ministry outlined a plan to boost exploration projects.
Companies issue exploration results and plans at lithium, zinc, silver, copper and gold assets in Argentina, Mexico, Colombia and Chile.
Canadian companies issue financing updates relating to lithium, gold, silver, gallium and indium assets in Brazil, Bolivia, Colombia, Mexico and Argentina.
Growing copper demand and reserve depletion portend a significant deficit and higher prices in the coming years, but high capital intensity, capital allocation conflicts and a tough junior capital market are tempering the supply response.
Shipments of semi-manufactured steel alloy products and unalloyed cast iron also performed well in 1Q19, official data shows.
Bolivia hopes to add the United Arab Emirates to the growing list of countries jockeying for the Andean country's lithium reserves.
Brazil's Vale is the world's largest iron ore producer and exporter.
BNamericas presents a roundup of the week's top Mining & Metals stories.
The top six gold miners produced 1.96Moz of the metal last year, up from 1.87Moz in 2017.