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.
Leading mining companies drop in value during June
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 banks funding to progress Hawsons
Carpentaria Resources has raised $35.6 million to advance the bankable feasibility study for the Hawsons Iron project in New South Wales.