Loading
Brazil court revokes decree that halted Vale operations
A Minas Gerais state court in Brazil has revoked a decree from Brumadinho municipality that suspended Vale’s operating license after health agents said that the company’s onsite activities have “not respected the rules of social isolation.” Brumadinho’s mayor Avimar...
Rio Tinto’s Kennecott starts drilling at Frisco
Rio Tinto’s subsidiary Kennecott has kicked off an initial four-hole 2,000m drill program at Alderan Resources’ Frisco copper/gold/silver project in Utah. Kennecott will spend an initial $6 million on exploration at the project area to gain a 55% interest in the...
Iron ore price surges on Brazil covid-19 crisis
Iron ore prices were closing in on triple digits on Wednesday as optimism about a quick recovery in China, where more than half the world’s steel is forged, combined with supply fears from Brazil, the globe’s number two supplier. According to Fastmarkets MB, benchmark...
Overview Market Close – May 20 , 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 24,575.90 +369.04 +1.52% S&P 500 INDEX 2,971.61 +48.67 +1.67% NASDAQ COMPOSITE INDEX 9,375.78 +190.67 +2.08% NYSE COMPOSITE INDEX 11,420.04 +171.07 +1.52% S&P/TSX COMPOSITE INDEX 14,997.63 +112.15...