Fortescue registers record iron ore shipments – Cadence Minerals

Fortescue Metals Group has achieved a record shipment of iron ore in the December 2019 quarter with 46.4 million tonnes. This led to record shipments for the first half of the 2020 financial year with 88.6 million tonnes. Fortescue chief executive Elizabeth Gaines expects shipments at the end of the financial year to be at […]

#KDNC – Supply Disruptions Raise Morningstar Near-Term Iron Ore Price Forecasts

A STOCK STRATEGIST INDUSTRY REPORTS by Mathew Hodge Near-term tightness in the iron ore market has persisted and intensified, with several developments in Brazil further restricting  Vale’s (VALE)supply and Cyclone Veronica off Australia interrupting Pilbara shipments. We’ve factored in a reduction of another 20 million tonnes in Vale’s output in 2019 and 10 million tonnes in 2020. […]

Salt Lake Potash #SO4 Enhances Senior Project Development Team

Salt Lake Potash Limited (Salt Lake Potash or Company) is pleased to announce that the Company has made several key executive appointments as development activities at the Goldfields Salt Lakes Potash Project start to rapidly increase. Peter Cardillo as Project Director – Processing and NPI Lloyd Edmunds as Project Director – Civil Stephen Cathcart as Project Director – […]

Mayhem Amongst The Miners As Iron & Steel Prices collapse

Steel prices on the Shanghai futures index fell 5% in a single session yesterday, leading to a further 3.9% fall in iron ore prices. A knock on effect was felt on the worlds stock markets as mining shares followed suit and billions were knocked off the value of the four big majors, with more still […]