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Mining's next boom isn't as high tech as you might think
Here's something to give a fresh shot in the arm to copper, the second-best-performing base metal over the past three months: the prospect of strike action at its biggest pit.
Here's something to give a fresh shot in the arm to copper, the second-best-performing base metal over the past three months: the prospect of strike action at its biggest pit.
A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.
Iron ore and steel futures in China advanced for a third session on Wednesday, hitting their strongest in three weeks
''Productive'' meeting with president-elect
Dalian iron ore surged to its highest in more than three weeks amid renewed threats to Chinese steel output.
Shares in struggling uranium miner Paladin Energy slumped on Tuesday as it disclosed a complex proposal to restructure its borrowings.
Chinese coking coal prices rose for a fourth straight session, notching up their best daily gain in a month.
Optimism that the surge in commodity prices may help lift government revenues and reduce the budget deficit has been pulled up short by a steep fall in spot coking coal prices since the start of the new year.
Plans by the Baird government to overhaul the state's mining approval process have drawn the ire of anti-coal groups and wary support from the industry.
Chinese coking coal prices were higher on Friday, notching up their first weekly rise in more than a month. Iron ore tumbled.
The sister of bankrupted former billionaire Nathan Tinkler is facing bankruptcy after being accused of entering into uncommercial transactions and breaching her directors' duties.
No major commodity had a worse 2016 than uranium. In fact, the element used to make nuclear fuel has had a pretty dismal decade.
Chinese iron ore and steel rebar prices jumped, with iron ore rising 2.2 per cent and snapping a three-day losing streak.
Watch out for the unexpected in commodities markets in 2017, says the bank, giving a laundry list of possible threats for raw materials from energy to metals.
Iron ore prices are set for a retreat this year after surging in 2016, according to RBC Capital Markets, recently the most accurate forecaster for the commodity.
After surging in 2016 in a rally that caught out many investors, the commodity faces a challenge on renewed supply concerns.
Gains in commodities will continue next year - at least that's what hedge funds are signaling.
Gold prices eased on Friday, ending a year in which bullion gained more than 8 per cent, snapping three years of declines.
Chinese steel and iron ore prices finished the final session of the year under pressure amid concerns about slowing demand.
Chinese steel rebar prices fell more than 2pc, while coke and coking coal remained under pressure, in volatile trading.
The mining giants are set to haul in a combined $36 billion for the December half, and the windfall won't end there.
Copper prices rose as falling stocks and expectations of stronger demand in China persuaded buyers to return to the market.
Bangkok: Thailand's prime minister has warned Australian miner Kingsgate it would be a waste of time suing his military government over his order to shutdown the company's goldmine by December 31.
A Chinese court has jailed Sun Zhaoxue, the former president of state-owned metals producer Chinalco for 16 years for graft
Gold futures capped the longest run of weekly losses in 12 years as the case for higher US interest rates strengthens.
The spot price for seaborne iron ore rose in light trade on Friday ahead of the Christmas break.
Copper prices slipped on Friday as investors took profits on long positions ahead of the Christmas break.
A company owned by Australia's richest woman, Gina Rinehart, will have to pay the costs of a journalist who the billionaire tried to force into revealing her sources for a book about the family.
The price of iron ore fell for a fifth day, diving 3.8 per cent overnight, amid continuing concerns about smog.
Chinese steel futures edged higher but gains were tepid as mills were ordered to cut output amid a blanket of heavy smog.
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