Cadence Minerals #KDNC – Macarthur Minerals Signs Term Sheet With Iron Ore Producer GWR for Mine-Gate Purchase of DSO
Macarthur Minerals (TSX-V: MMS, ASX: MIO) Signs Term Sheet With Iron Ore Producer GWR for Mine-Gate Purchase of DSO. Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that Macarthur Minerals (TSX-V: MMS) (ASX: MIO) (the “Company” or “Macarthur”) has announced a partnership with an Australian iron ore producer GWR Group Limited (ASX: […]
Mining Journal – Iron ore price to incentivise swing production, says BMO
Current iron ore prices of US$100/tonne should be enough to spark activation of about 60 million tonnes of swing production to “balance the market”, according to BMO, with perhaps 40Mt of that coming from China. BMO director, equity research, metals & mining – international, Edward Sterck, said a restart of Vale’s stalled 30Mtpa Brucutu mine […]