Coal and non-ferrous metals were among those to underpin Australia’s export price index for the December quarter, while China’s fall in demand for metalliferous ores weighed heavily.
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Iron ore hits $130/t ahead of Chinese New Year
The price of Australian seaborne 62 per cent iron ore fines has topped $US130 per tonne for the first time since October 2021, thanks to increased Chinese steel production.
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Iron ore recovery sees mines reopen
The price of seaborne 62 per cent iron ore fines has reached near three-month highs, according to Mysteel, now worth $US128.35 ($177) per dry metric tonne (dmt).
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Zinc price rebound anticipated amid unstable market
Despite current volatility, zinc prices have been forecast to climb in the coming months as COVID-19's strain on the market eases.
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Iron ore price hit by biggest monthly drop in eight years
The seaborne iron ore price has experienced its largest one month drop in almost eight years as shipments increased to China sparking supply pressure.
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Nickel price reaches five-year high as supply uncertainty mounts
Nickel prices have surged to the highest levels in five years amidst global supply fears stemming from Indonesia.
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Australian Mining – News in Focus: 7/11/14 [video]
Iron ore prices slide further... More from the WA FIFO Mental Health Inquiry... Gorgon Project gets a new 'floatel'.
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Slippery slope for iron ore
The global iron ore surplus continues to grease the way down for prices, which have slid to new lows with a US$80.02 per tonne recorded yesterday.
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Andrew Forrest buys up more Fortescue shares
Mining mogul Andrew ‘Twiggy’ Forrest bought up $5 million worth of Fortescue Metal Group shares last week, sending a clear message to those exiting the iron ore market in light of the resource’s recent price volatility.
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Iron ore price drop, skittish investors exit market
An 8.3 per cent fall in the price of iron ore hammered Australian miners yesterday as investors looked to unload stocks.
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Iron ore export revenue soars, coal prices fading
Australia will earn over $21 billion from iron ore exported in the last quarter of 2013 with the steelmaking ingredient set to make more than double the revenue of coal.
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Gold production rises, price slide remains
Cost cutting and a move to higher grade ores has seen Australia’s quarterly gold production rise 4 per cent to 69.5 tonnes.
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LNG spot price to rise as demand from China’s cold cities grows
Analysts predict winter gas shortages in northern China will continue until 2020, leading to increased demand for LNG and higher spot prices.
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Honeymoon uranium mine goes into care and maintenance, 90 jobs cut
Uranium One has announced it will be closing its Honeymoon uranium mine in South Australia, with around 90 people set to lose their jobs.
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Iron ore miner bullish about price
According to BC Iron’s managing director, iron ore prices will remain above $US100 a tonne for the next two years, with the expected cash cow to come off the back of stabilised prices labelled as “money for jam”.
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Gold price crosses $1400
Gold prices jumped to an 11-week high yesterday, pushing past the $1400 mark for the first time since June 7.
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Gold price hits a three-year low
Gold prices have dropped to a three-year low as the precious metal market continues through a massive correction phase.
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Gold could dip as low as $US900: economist
The price of gold has fallen 26 per cent in 6 months sending the industry into a frenzy and critics to announce that the gold bubble has burst. Vicky Validakis reports.
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Port Hedland iron ore exports on the rise
Iron ore exports from Port Hedland rose 4% in April, as shipments to Taiwan more than double.
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Iron ore prices to dip
Analysts predict iron ore prices will fall in the coming months.
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