Loading
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...
Anglo will operate South America’s mines 100 percent with renewable energy
Anglo American has signed an agreement to operate its Quellaveco copper mine in Peru 100% with renewable energy, effectively allowing the miner to fulfill its promise to power all of its Latin American operations with green energy by 2022. The company promised two...