Sentences with phrase «slump in metals prices»
Zijin Mining Group has said it will use the slump in metal prices to accelerate overseas acquisitions.
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The slump in demand for the precious metal also coincided with prices holding within their narrowest range of any quarter in more than a decade.
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.
Australian resource shares slumped following a drop in commodity prices for industrial and precious metals.
Gold rose to the highest price since March as a slump in global equity markets increased the appeal of precious metals as an alternative investment.
Metals X, Australia's largest tin mining company, is defying a two - year slump in prices with plans to increase output by about 14 per cent.
«The slump in commodity prices caused by a glut in world supply of metals and a slowdown in China has created an environment where 80 % of FDs expect work from the mining sector to stagnate or contract in 2016 — the highest proportion of any area of work,» says Steer.