Industry news

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Published at
30 Apr 2014
In late afternoon New York trade on Tuesday July copper changed hands nearly 2c lower at $3.073 a pound as weakening demand from China and the unraveling of copper-related financing…
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Published at
29 Apr 2014
Fed up with Barrick Gold's aspersions, Newmont Mining (NYSE:NEM) says a merger is off. Newmont Mining's chairman Vincent Calarco wrote a letter on Friday to Barrick Gold's board criticizing the…
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Published at
29 Apr 2014
Coal prices climbed to the highest level since January Monday amid speculation Russia’s intervention in Ukraine will spur demand for the solid fuel to replace gas in power plants in…
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Published at
29 Apr 2014
The price of platinum slid and sister metal palladium dropped back below the $800 an ounce level on Monday after a deal between the world's top producers and workers who…
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Published at
29 Apr 2014
Benchmark iron ore fell heavily again on Monday, bringing the decline in the price of the steelmaking raw material for April to almost 8%. According to data from the The…
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Published at
29 Apr 2014
On the Comex division of the New York Mercantile Exchange, gold futures for June delivery fell through the psychologically important $1,300 an ounce level to exchange hands for $1,296.10 an…
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Published at
28 Apr 2014
Chinese «Huludao Zinc» produced in 2013 274 thousand tons of nonferrous metals compared to 278 thousand tons in 2012 (-1.4%). Silver production of the company reached a historical maximum, reaching…
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Published at
28 Apr 2014
According to Metal Bulletin, the cost of high-grade manganese ore has decreased on 25 April 8% on a background of price offers reduction by big mining companies to maintain competitiveness…
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Published at
28 Apr 2014
According to MarketWatch, the company Anglo American has increased extraction of iron ore for the quarter by 10% or up to 11,328 million tons, compared with the previous year. The…
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Published at
25 Apr 2014
Canadian mining company Silver Bear Resources plans to start production of silver mines in Yakutia in 2017, according to Mark Trevisiol, ITAR-TASS President and CEO. "We have already received the…

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