BHP expects to achieve its cost guidance for the 2021 financial year at the Western Australia Iron Ore and Queensland Coal operations after breaking production records.
Rio Tinto is aiming to lift its performance in the Pilbara region in the second half of the year after recording a 9 per cent fall in iron ore production during the June quarter. Read more
Wood Mackenzie has forecast that lower Chinese demand will be the driving factor that causes iron ore prices to decrease by more than 10 per cent in the coming months.
The market value of the world’s top 25 metals and mining companies has declined by 6.9 per cent in June after two straight months of increases, according to S&P Global Market Intelligence data.
Carpentaria Resources has raised $35.6 million to advance the bankable feasibility study for the Hawsons Iron project in New South Wales.