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Vale to resume operations at Voisey’s Bay in July
Vale, the world’s top producer of nickel and iron ore, is fine-tuning details to reopen its Voisey’s Bay open-pit nickel mine and concentrator in Canada next month. Full capacity at the northern Labrador-based operation should be reached in August, the Brazilian...
Overview Market Close – June 18, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 26,080.10 -39.51 -0.15% S&P 500 INDEX 3,115.34 +1.85 +0.06% NASDAQ COMPOSITE INDEX 9,943.05 +32.52 +0.33% NYSE COMPOSITE INDEX 12,072.59 -13.90 -0.12% S&P/TSX COMPOSITE INDEX 15,479.83 +51.14 +0.33%...
Vale can reopen Itabira after coronavirus measures
Brazilian iron ore miner Vale SA has received permission to reopen mines in the Itabira complex shuttered due to coronavirus concerns, the company said in a Wednesday filing, adding there was no change to its production guidance. Vale said it had received permission...
Biggest copper nation has an optimistic take on hectic news flow
Copper traders are being bombarded with possible price drivers right now — from $1 trillion in U.S. infrastructure spending to a second wave of Covid-19 in China. For Chile’s official forecaster, the upshot is cautiously optimistic. Prices probably will average more...