US indices inch higher during Mar. 20-24 trading week
The Dow Jones Industrial Average gained 604.76 points or 1.89% and the S&P 500 closed 72.15 points or 1.6% higher at 3,979.15 over the Mar….
Iron Ore
WoodMac expects steel, aluminum and copper to benefit most from renewed Chinese growth
A new report by market analyst Wood Mackenzie argues that steel, aluminum, and copper stand to benefit most from an uptick in China’s gross domestic…
PDAC: Facing the challenges of mine decarbonization
The mining industry’s decarbonization journey is more akin to a twisting trail race than a straight road race, with uphill efforts, sharp turns and obstacles…
Silicon Valley Bank failure knocked NYSE lower last week
Stocks fell Mar. 6-10 as investors shifted from concerns over inflation to the outlook for the economy after regulators shut California-based Silicon Valley Bank following…
U.S. inflation knocks NYSE lower last week
The Dow Jones Industrial Average fell 873.83 points or 2.6% to 32,816.92 during the Feb. 21-24 trading period after the U.S. Commerce Department reported higher-than-expected…
Rio Tinto halves dividend on 41% annual profit drop
Mining giant Rio Tinto (LSE: RIO; ASX: RIO) has more than halved its 2022 dividend after posting a 41% drop in annual profit, which was…
Every element of South Africa’s ‘just energy transition’ is in question
This year’s Mining Indaba conference was notable for two things. One was the prominent presence of both Chinese and U.S. delegations looking for critical minerals…
Tombador Iron halts Brazil mine due to unrest
Australia’s Tombador Iron (ASX: TI1) has temporarily halted production at its flagship iron ore mine in Brazil, as an ongoing blockade in the state of…
Searchers find Rio Tinto’s radioactive capsule lost in Australia
An Australian emergency services search team has found a tiny, but potentially deadly radioactive capsule belonging to Rio Tinto (ASX, LSE: RIO) on the side…
Billionaire-backed iron-air battery firm to start building factory within weeks
Bill Gates, Jeff Bezos and Richard Branson are among investors who’ve raised US$800 million for a company developing a low-cost iron alternative for power grid…
Rio Tinto sorry for loss of radioactive capsule in Australia
Mining giant Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) apologized on Monday for the loss of a small, but “highly radioactive” capsule that has…
U.S. markets rebound during Jan. 9-13 trading period
The Dow Jones Industrial Average gained an impressive 672 points or 2% during the Jan. 9-13 trading week to close at 34,302.61, and the S&P…