Tue, Oct 21, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Metals and Minerals more

Market recovery to boost miners in 2013

Posted on 07 January 2013

Iron ore prices have surged more than 70 per cent in the last four months, restrengthening projects in Western Australia and sending miners back to work on major projects. The spot price fell to lows of around $90 in the second half of 2012, but the market has taken back almost all of the lost ground and the price currently sits at almost $150 a tonne.
Ernst & Young global mining and metals leader Mike Elliott said while costs remained an issue for Australian miners, the sector would see a renewal in investment as commodity prices rebounded………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031