Global insight
Rio Tinto’s first-half profit soars 93%, investors getting $3bn back
[ferro-alloys.com] Rio Tinto (ASX, LON:RIO), the world’s second largest miner, gave its shareholders an early Christmas present Wednesday as it declared its biggest interim dividend in the company’s 144-year history, thanks to climbing commodity prices that ... |
Iron ore price rise temporary, on China steel restocking: Barclays
[ferro-alloys.com] The iron ore price rise through July to over $70/dry metric ton is likely due to a temporary steel restocking cycle in China, and prices will fall to the mid-$50s/dmt CFR China level or below in the fourth quarter of 2017, Barclays investmen... |
BC explorers receive share price boost
[ferro-alloys.com]Toronto-listed exploration companies with interests in British Columbia saw stocks rise over 50% in the past week, with a number announcing financing agreements or drilling updates. |
The Vanadium Bull And One Vanadium Stock That Few Talk About
[ferro-alloys.com] Vanadium pentoxide price (V2O5), reached US$12.4/lb, having more than doubled from US$5/lb when I started covering vanadium 8 months ago. The price is up over 500% since January 2016. |
Indonesian Smelters Need Higher Nickel Prices Before Restart
Ferro-alloys.com:Indonesian nickel smelters that halted operations this year. |
China Moly bolsters balance sheet
[ferro-alloys.com] A copper and nickel rally alongside a spate of positive quarterly results combined to see the majority of leaders by market capitalisation post healthy gains in the past week.China Moly spent $2.65 billion acquiring a 56% stake in Tenke Fung... |
Philippines says open pit mining ban to stay put
Ferro-alloys.com:The Philippines' new Environment and Natural Resources minister Roy Cimatu won’t revoke a ban… |
BHP denies it has agreed to sell Samarco stake to Vale
[ferro-alloys.com] BHP Billiton on Tuesday denied commentary in a Brazilian newspaper that it has agreed to sell its stake in the Samarco iron ore mine to its partner Vale. |
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