Sentences with phrase «ore prices»

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.

We will become another mendicant state while Indonesia steals our coal markets and iron ore prices plummet, partly as we are desperate.

Overall, nothing really new, so the immediate impact on the Aussie's price action was only minimal and most Aussie pairs appeared to be more focused on tracking iron ore prices.

It is a very different business exposed to a completely different set of risks (production risks, iron ore prices, the mine operator underpaying the royalty).

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

Without a near - term rebound in iron ore prices, it is hard to recommend the shares of Cliffs.

Its earnings are very sensitive to changes in the iron ore prices.

If the market for steel and Chinese economy does start to strengthen, Cliffs could be a beneficiary through higher iron ore prices.

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

Cliffs Natural Resources (NYSE: CLF) and Vale (NYSE: VALE) are the two with the largest exposure to changes in iron ore prices.

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.

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.

• Iron ore prices have partially recovered after a period of rapid decline but Rio Tinto expects them to remain volatile in the near future.

Iron ore prices may be falling but Australian producers managed to significantly increase their share of the world's biggest market last year, accounting for 59 per cent of China's overseas purchases.

West Australian premier Colin Barnett says the government will not become a «bank of last resort» for the resources sector after sweetening conditions for miners struggling to survive a sustained rout in iron ore prices.

Auditors for troubled iron ore miner Atlas Iron have warned there is «significant doubt» about its ability to continue as a going concern due to «material uncertainties» relating to its proposed debt restructure and weak iron ore prices.

Miners should only invest in new projects that can withstand a return to $ US40 a tonne iron ore prices, saus BC Iron's Alwyn Vorster.

After crashing to below $ US40 a tonne in 2015 and 2016, iron ore prices have staged a surprising recovery to $ US81 a tonne, allowing even the most marginal Australian producers to make a profit.

As well as these factors, KPMG said Atlas» forecasts were highly sensitive to movements in iron ore prices, «which continue to be depressed in a challenging global iron ore market».

The collapse in global iron ore prices isn't chasing Gina Rinehart away from the red soil of Western Australia that made her a billionaire.

Surging iron ore prices have boosted Rio Tinto's tax payments to Australian governments, but its Singapore marketing hub remains a sore point with the ATO.

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

Those winter shutdowns were expected to dampen demand and prices for Australian iron ore and coal in particular, but prices for both commodities have remained strong; iron ore prices have surged 26 per cent since October 31 to be fetching $ US77.74 per tonne on Tuesday, according to Metal Bulletin.

Iron ore prices are rebounding.

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.

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

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.

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.

I expected that the shift in demand for iron ore generated by rebalancing would cause iron ore prices within 3 - 4 years to drop by over 50 % from their then - current levels of around $ 180 - 90 a ton.

In fact as I started writing more about the outlook for hard commodity prices over the next year, I adjusted my outlook downwards and proposed that iron ore prices would fall below $ 50 a ton before the end of the decade.

This means, to return to iron, if you understood China as a growth «system», with its own logic, its liquidity channels, its institutional distortions, its balance sheets that embedded pro-cyclical or counter-cyclical tendencies, etc. you would have known that once the process started, rebalancing was going to cause iron ore prices (and prices of other hard commodities) to collapse, and I stressed, as I often do, that I did not think the word «collapse» was overly dramatic.

Iron ore prices have collapsed.

Iron ore prices have slumped to $ US104 a tonne in recent days, yet Mr Power said it could soon rebound as high as $ US150.»

As an aside, it seems generally to be the case that the longer an adjustment is constrained, the more likely that the adjustment takes place in the form of what traders call «gapping» — which is a big, discontinuous change instead of a smooth adjustment — so when the change finally took place, the fall in demand (and iron ore prices) would almost certainly occur very quickly, in a matter of two or three years, perhaps.

Early this week I was with an Australian government representative in Beijing whom I have known for many years and he told me that iron ore prices were currently around $ 83 (I think they dropped another $ 2 last week), and that while some people in Canberra were reluctant to say it too loudly, he and others were increasingly in agreement with my lower forecast of less than $ 50 well before the end of the decade, in part because supply has come off much more slowly than predicted, but mainly because they now recognize that China's rebalancing was indeed going to be a far bigger deal for Chinese demand than sell - side research had predicted.

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.

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.

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

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.

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.

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.

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.

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

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.

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.

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.

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.