After having plunged over 30 per cent since hitting a new high on March 4, copper prices are expected to rule lower for the rest of the year though supply woes are likely to prevent any sharp fall.

Iron ore prices are swinging between optimism and pessimism over the economic outlook in top importer China, but beyond the short-term oscillations a longer-term battle is looming.

Iron ore prices have come under increased pressure in recent months due to persistent demand worries from top steel producer China, with the country’s zero-COVID policy curtailing economic activity and weighing on ferrous markets.

Australian iron-ore miners Rio Tinto and Fortescue Metals Group are unlikely to see a repeat of record profits booked in recent years as they face soaring costs, falling prices and a tight labour market.

BEIJING - China has approved a coal mine project worth 3.1-billion yuan ($458-million) in the country's Inner Mongolia region, the National Energy Administration (NEA) said on Thursday.

Recession fears continue to build in the U.S. as preliminary data showed mixed activity within manufacturing and service sectors in July

Brazilian miner Vale SA on Tuesday cut its 2022 iron ore production forecast due to the sale of its Center-West system assets, supply chain restrictions in its Northern system and the impact of lower market prices.

Rio Tinto is investing US$188 million to increase the production capacity for low-carbon, high value aluminum billets at its Alma smelter in Lac-Saint-Jean, Québec by 202,000 metric tonnes.

Ore mining in April-June increased by 10, reaching 78.6 million tons In the second quarter of 2022, the British-Australian mining concern Rio Tinto increased the shipment of iron ore from the Pilbara region by 12, compared to the first quarter, to 79.9 million tons, according to the quarterly results published on the company’s website.

A green cement plant will be built in South Australia to reduce greenhouse gas emissions. Australian authorities have announced they are considering taking the global lead in attracting funds for renewable energy.

Diversified major Rio Tinto has reported a solid second quarter of production, with iron-ore, bauxite and copper up from the previous corresponding period.  

NEW DELHI – India's coal imports hit a record high in June despite high global prices, data from three trade sources and Refinitiv ship tracking showed, as economic activity picked up and amid a domestic shortage of the fuel.

Gold exploration and development company Panthera Resources expects to receive the assay results from a June drilling programme at its Bassala project, in Mali, later this month.

Iron-ore slumped to its lowest level this year in Singapore as China faces fresh Covid-19 flare-ups in several areas including Shanghai, stoking concerns over further lockdowns in the world's biggest steel producer. Growing prospects of a global recession also weighed on most commodities markets, adding to concerns over an already weak demand in top metals consumer and iron ore importer China.

 Foolad & tosee : The President expressed that the completion of the rings of the mineral value chain is one of the important development plans of the government. According to our correspondent, Hojjatoleslam Seyed Ebrahim Raeesi, at a government delegation meeting, said: We have made serious plans to complete the rings of the mineral value chain.

Guinea's mines minister has ordered all work related to the Simandou iron-ore mine project halted after the two companies involved missed an extended deadline to agree on a joint venture, a letter seen by Reuters showed on Monday.

Investors cut holdings in exchange-traded funds for silver, platinum and palladium in the second quarter on fears that a potential recession will reduce industrial demand, but gold assets held up because of its role as a haven, and that may persist.

Gold will rise as the U.S. dollar loses its status as the world’s reserve currency, said John Kaiser, Founder of Kaiser Research Online, at the PDAC 2022 Convention in Toronto. He mentioned that China and Russia would form an Eastern axis of economic power.

Chief of Iran's mining house said that the mining sector policies are being updated after 22 years, and stated : Mining with the view of sustainable development as well as mining based on territorial planning are emphasized.

Brazilian miner Vale SA expects to spend $400 million in 2022 to decommission its tailings dams, aiming to have 12 of its 30 structures eliminated by the end of the year, the company told Reuters on Tuesday.