Sentences with phrase «ore price»

Following the high of 2011, with gold prices in excess of US$ 1900 / oz, copper prices in excess of US$ 10,000 / tonne and iron ore prices in excess of US$ 190 / tonne, metal prices crashed and with those prices fell some of the junior mining companies that depended on them.

Another thing you may notice is that the Aussie is still not tracking iron ore prices as closely, which marks the third week in a row that the Aussie and iron ore didn't see eye - to - eye.

Huge increases in supply and large debt loads that needed to be serviced saw iron ore prices collapse as the supply and demand curve proved non-linear.

Andrew Forrest's worst nightmare is that he will one day relive his painful experience with pioneering low - grade nickel ore processor Anaconda Nickel; so surely he must have suffered an «Anaconda moment» when the iron ore price fell below $ US50 a tonne overnight.

West Perth - based Shaw River Manganese has become the third manganese miner to announce fallout from depressed ore prices, with the company entering voluntary administration this morning.

The chart below shows a stable iron ore price from c1985 until 2009 when a supply bottleneck saw prices spike dramatically.

Reserve Bank of Australia officials have called the top of the current iron ore price boom, saying China's production of steel was likely to ease from here on while supply of the raw material would keep increasing.

Atlas Iron and BC Iron have both reported big losses following impairments and a race to cut costs as iron ore prices remain depressed.

But I really was convinced of my math, which connected iron ore prices inexorably with the extraordinarily large gap between China's Nominal GDP growth and interest rates set by the PBoC, and it was clearly impossible to maintain this gap.

Excluding oil, the domestic component increased by around 1 per cent in the June quarter, driven by rises in utilities and metal ore prices, while the non-oil-related prices of imported inputs rose by a similar amount.

In response to the iron ore price meltdown, they lowered capex, reduced net debt, delivered outstanding costs improvements and saved cash.

We saw Brexit, Donald Trump's election victory, and iron ore prices tripling.

Atlas Iron, one of the most high - profile casualties of the iron ore price slide, is rebuilding its business and needs to bring on new deposits to replace its ageing Abydos and Wodgina mines.

BHP Billiton sees iron ore prices declining over the next couple of years as it and rivals Rio Tinto and Fortescue Metals Group make plans to boost output by 2015 while dem...

The Australian sharemarket has retreated from six - year highs, as a plunge in the iron ore price weighed on miners and several poorer - than - expected earnings results convinced investors to take a breather.

During the 1880s iron ore prices rose to unprecedented heights, so that it appeared that, if the separator could extract the iron from unusable low - grade ores, then abandoned mines might profitably be placed back in production.

He was never able to surmount the engineering problems or work the bugs out of the system, however, and when ore prices plummeted in the mid-1890s he gave up on the idea.

It is a wild card that would increase steel production and improve short - term ore prices.

However, demand for steel products appears steady and does not have significant enough upside to turn iron ore prices around.

But seven years later, they still can't seem to bid farewell to all those fond memories of the good ol' days... How else do you explain, for example, the majors maintaining & even increasing production in the face of a (self - reinforcing) iron ore price collapse.

Western Australia's largest indigenous corporation has announced it is cutting jobs and assessing its member benefits structure as a result of weak iron ore prices.

The falling iron ore price has contributed to Mount Gibson Iron's profits slumping 28 per cent over the 2011 - 12 financial year.

The volatile iron ore price may have prompted reduced investment but many miners remain on track.

The state budget assumes iron ore prices will average about $ US47.70 a tonne in the coming financial year, substantially higher that what most forecasters have been tipping, and also includes a $ 41 million royalty concession for magnetite producers.

As miners deal with the reality of a prolonged slump in the iron ore price, Fortescue Metals Group is quietly going about the business of building the state's third magnetite mine and processing plant.

Atlas Iron has reduced the size of its board and cut pay for the remaining directors to help reduce costs amid weak iron ore prices.

BC Iron has terminated a mining services contract with Watpac Civil & Mining three months early as it seeks to cut costs at its Nullagine joint venture operation in response to the plunging iron ore price.

Atlas Iron has launched an extensive review of its operations, finances and possible asset sale opportunities in response to steep falls in the iron ore price.

Fortescue Metals Group has ended a tough week for the iron ore sector by halving its projected capital expenditure for the 2015 financial year to $ US650 million, in response to the continued weakening of the iron ore price.

Western Australian treasurer Mike Nahan says he can't guarantee a budget surplus in the next financial year due to the recent volatility in iron ore prices.

BC Iron shares plummeted today after the company announced production at the Nullagine joint venture would be suspended as a result of the weak iron ore price, with more than 200 jobs at risk.

OPINION: Despite a spike in iron ore prices, it will be the bigger, low - cost producers that rule the roost in the near to medium term.

A couple of smaller miners that rode out the slide in iron ore prices could be the early movers in a more widespread revival in the sector.

As China battles the seeming inevitability of a 19 per cent price hike in iron ore prices, the country's largest iron ore importer is moving quietly to stitch up more long - term supply from Western Australia.

The owners of two major iron ore developments in the Pilbara have flagged changes to their timetable and ownership structure respectively, as they seek to deal with the sharp fall in iron ore prices.

Cliffs will always be a one - trick pony that will wax and wane with the price of iron ore, but it is much better positioned to handle those market swings and has immense potential should we see even a modest uptick in iron ore prices.

A higher iron ore price has helped Atlas Iron post operating cash flow of $ 58 million in the December quarter, as the company maintained that it would reach a net cash position by the middle of the year.

Iron ore prices have collapsed.

In particular, it is likely that the recent sharp increases in commodity prices — the steep rises in coal and iron ore prices being the most noteworthy cases — would not be sustained if global supply was increased substantially.

This is mainly due to two unforeseen events: the drop in iron ore prices and the sudden collapse of the oil price.

Coking coal and iron ore prices, which are mostly fixed in US dollars, fell in SDR terms as the US dollar depreciated late last year.