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Rafaella Resources accelerates at Santa Comba tungsten project
As large tungsten mines in China and Russia reach the end of their lives, Rafaella Resources is accelerating its Santa Comba tungsten project in Galicia, northwest Spain. Aiming to target the European market, as the continent produces less than half of its current...
Iron ore prices rise to 10-year highs
Iron ore prices rose more than 4% on Tuesday, extending gains spurred by steel margins in China and disappointing production data from Rio Tinto and Vale. Brazil's high grade index (65% Fe fine) also advanced to a record high of $222.80 per ton. September iron ore on...
Oyu Tolgoi mine partially resumes shipments to China
Turquoise Hill Resources reported Tuesday that the Oyu Tolgoi mine in Mongolia had partially resumed shipments to China, after the Canadian company declared force majeure on some Chinese contracts last month due to COVID-19-driven restrictions. The company is...