Diversified iron ore developer London Mining said Monday it produced 900,000 mt of iron ore from the Marampa operation in Sierra Leone in the first quarter, up 17% from Q4 2013, while it looked for a minority investor to help it cope with ...
Tags: Iron Ore, London Mining
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India jumped Friday due to a large number of fixtures for grain cargoes in the Atlantic basin, market participants said. "Some of the ...
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week higher on Friday as grain cargoes in the Atlantic basin absorbed tonnages from both hemispheres, sources said. ...
Tags: coal freight, coal, Panamax freight
CA South Korean power utility was active in the spot Australian market Friday, and was close to purchasing at least one Q2-loading Capesize cargo of high ash thermal coal at a price equivalent to $74/mt FOB Newcastle on a 5,500 kcal/kg NAR ...
Bloomberg reported that the Baltic Dry Index, a measure of commodity shipping costs, rose for the first time since November, lifted by gains for the largest vessels as miners sought charters to export iron ore or coal from Australia. ...
Tags: Baltic Dry Index, iron ore, coal, Iron ore miners
Bloomberg quoted Alphabulk as saying that Vale SA, the world’s biggest iron ore exporter, may have paid about USD 158 million more for shipping in the past 19 months by using the largest available carriers rather than smaller vessels. ...
Tags: Vale SA, iron ore, Alphabulk, iron market
Bloomberg reported that the cost of iron ore shipped to China exceeded the average price of locally mined supplies for the first time in 5 months, ending a price arbitrage that helped push November imports to the second biggest on record. ...
Tags: iron ore, steel making, steel, coal
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India fell Wednesday,as lack of cargoes and vessel oversupply weighed down on the market,sources said. "Supramaxes are doing well,but ...
Tags: Panamaxes, Capesizes, coal freight, lack of cargoes
Panamax coal freight rates on established routes from South Africa's Richards Bay and Indonesia to India ended the week lower Friday with sources expressing skepticism over whether a rise seen over the past few days was sustainable in the ...