About 50 million tons of iron ore will be added to the market between now and June next year, which can only mean one thing for prices — yes, they are going down.

Chinas large steel plants saw improved profits and narrowed losses in the first five months of this year thanks to their destocking efforts, according to a national steel association.

According to IMIDRO’s Public Relations, referring to the 100-year-old new activity in the Angoran mine, Khodadad Gharibpour, who spoke today at the opening ceremony of the Angoran underground lead and zinc mine said, “Activating the underground part of the Angoran mine has been one of the technological projects using Iranian technical knowledge.

Emphasizing the development of cooperation between large mining companies and the mining industries and HEPCO under the leadership of IMIDRO, the Chairman of IMIDRO said, “HEPCO will build 700 road construction machines by next year as the first step of the cooperation, and in the In the long term, the construction of mining machinery by this experienced manufacturer is planned.”

Researchers from the United States and Australia have discovered previously unrecognized structural lines 100 miles or more down in the Earth that appear to signal the locations of giant deposits of copper, lead, and zinc. The metals, however, lie close enough to the surface to be mined, but too far down to be found using current exploration methods.

Coal and iron ore dominated mining takeovers in 2017, Thomson Reuters data shows, with buyers favoring the heavily polluting devil they know over the uncertainties of a battery-powered future.

While low commodity prices can hurt any major producer, oil prices can have a particularly detrimental effect on oil-rich economies. This is because, for better or worse, many of these economies hold onto oil as an anchor for achieving growth, filling government coffers, and even fueling social programs.

This trend was quite predictable. Last week's price increase was due to two factors

While many still see space mining as science fiction, the development of a resources industry and manufacturing supply chain out off-Earth is both plausible and beneficial, according to former NASA researcher and current University of Central Florida professor Dr. Phil Metzger.

Rio Tinto on Friday cut estimated reserves at its underground copper mine extension in Mongolia and confirmed it would face delays and higher costs after ground instability forced it to redesign its mine plan.