Copper – Last month's landslide at Utah's Bingham Canyon, one of the world's largest copper mines, triggered significant discussion on possible copper shortages. Brent Cook, veteran geologist and publisher of Exploration Insights, puts the landslide into perspective in this interview with The Metals Report. And for investors who want to dig out profit potential beyond the yellow metal, Cook gives us a byproduct primer and suggests base metals are a great way to diversify.
Articles Tagged "iron"
At PDAC 2013, Dr. Karen Hanghoj of the Geological Survey of Denmark and Greenland discussed the geological potential of Greenland with INN Senior Editor Andrew Topf.
The annual mining conference opened with experts predicting a mixed near-term outlook for resources, but stating that underlying trends should fuel demand in the long run.
Iron – Bloomberg reported that Vale SA more than doubled its expenses on maritime freight, which amounted to $387M, in the last quarter because it shipped more iron ore on its own growing fleet.
Iron – Bloomberg reported that Rio de Janeiro based iron ore producer, Vale SA (NYSE:VALE), which is the largest iron ore producer in the world, said that the recovery in Chinese manufacturing and construction will be quite beneficial.
Iron – Bloomberg reported that iron ore continues to climb as Chinese mills restock, even after posting the largest recorded quarterly climb in the last quarter of 2012. However, according to Deutsche Bank AG, it is set to plunge into a bear market afterwards.
Iron – The Sydney Morning Herald reported that iron ore miners in Australia are set to cash in on recovering prices as huge amounts of iron ore were shipped last month.
Iron – Reuters reported that Australia’s iron ore shares ended at a 19-month high on Friday, with a gain of 15 percent this year.
Iron – Reuters reported that the Shanghai Futures Exchange shows a rise in iron ore futures which traders have attributed to the rising costs as well as optimistic outlook.
Iron – Reuters reported that BHP Billiton (NYSE:BHP), the world’s largest miner, has chosen newcomer B&A as its preferred bidder for its iron ore deposits in Mount Nimba.