CAPITAL MARKETS

China blinks first

CHINESE steel mills accept the inevitable and fall in line with their European, South Korean and Japanese counterparts, accepting a 19% price hike in annual iron ore prices, while gold hopeful Allied Gold advises capital costs are set to rise at its Simberi project.

MiningNews.Net
China blinks first

Cost blow-out for Allied Allied Gold advises the $US43.7 million ($A59.63 million) capital cost of its Simberi Oxide project in Papua New Guinea is set to rise, with the full ramifications of an aerial...

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