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Rio Tinto's iron ore output falls 2% on labour shortage, weather issues

( Image of the Weipa operations, courtesy of Rio Tinto.) Global miner Rio Tinto Ltd reported lower quarterly iron ore output on Tuesday as wet weather and labour shortages impacted its mine and port operations in Western Australia. Above average wet weather in the mines and workforce availability disrupted maintenance during the quarter, Rio said, while Tropical Cyclone Seroja impacted operations in April. Sign Up for the Iron Ore Digest Sign Up Production for the quarter stood at 76.4 million...
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Source: mining.com

Rio Sees Solid Quarterly Lift in Ore Shipments – ShareCafe

Rio Tinto lifted its shipments of iron ore during the March quarter, thanks to solid demand from China and recovering demand from Japan, South Korea and other markets. Rio said in its first-quarter production and sales report that iron ore exports had risen by 7% compared to the same time last year, with 77.8 million tonnes pushed through its two ports in the WA Pilbara. The miner’s quarterly performance (which mostly were within market forecasts) has left it on track to meet unchanged guidan...
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Miners in focus for Wednesday while UK inflation data provides macro flavour

Miners in focus for Wednesday while UK inflation data provides macro flavour Blue-chip miners Antofagasta and BHP are in the diary for mid-week, while earnings season in the US will bring results from Spotify and Verizon among others The middle of the week will see the mining sector in view with updates scheduled from a number of blue-chip diggers including Antofagasta and BHP. Meanwhile, the macro calendar will also be in focus with the latest batch of UK inflation data. The retail price index...
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Fishing line for April 15, 2021

Zoe Anderson-Amaro, 7, and Brock Anderson-Amaro, 13, all of Silver City, caught many rainbow trout at Glenwood Pond using chartreuse and rainbow PowerBait on April 10.   Jaylyn Lovato, 11, and Javier Delgado, 10, both of Rio Rancho, caught their limits of trout at Grindstone Reservoir using cheese PowerBait on April 7.   Justin Estrada, of Las Vegas, caught and released a 16-inch cutthroat trout at Morphy Lake using a size 18 hare’s ear fly April 11.   Joahua Laino, of Farmington, caught...
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Weekly Fishing Report: April 13, 2021

Weekly Fishing Report: April 13, 2021 Los Alamos Daily Post The signs of spring are all around us. Fruit trees are blooming. Daffodils are brightening flower beds. Bees are buzzing around flowers. People are setting out their hummingbird feeders and watching for the first of these little buzz bombs to show up. Gardens are being tilled in preparation for planting. The white snow of winter is melting and disappearing from the mountains. The streams are swelling with the increased water from the r...
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Fishing Line for April 8, 2021

Catches of the week Bryan Zuanetti, of Santa Fe, caught a 29.5-inch, 8-pound walleye at Abiquiú Lake using a jig and plastic minnow April 3. Walter Sarracino, of Grants, caught a 24-inch rainbow trout at Bluewater Lake using hot pink PowerBait on April 2. Michael Proctor, of Carlsbad, caught and released a 15-inch crappie at Brantley Lake using a yellow and green crankbait April 2. Tina McClendis, of Alamogordo, caught a 16-inch largemouth bass at Caballo Lake using a minnow April 2. Diego Ba...
New Mexico United States Elephant Butte Eagle Nest Lake Green Meadow Lake Mcgaffey Lake

After witnessing the highest fall in history in 2020 due to Covid-19, copper production in Peru is forecast to rise by 10.4% in 2021, says GlobalData

After witnessing the highest fall in history in 2020 due to Covid-19, copper production in Peru is forecast to rise by 10.4% in 2021, says GlobalData GlobalData 8 April 2021 (Last Updated April 8th, 2021 13:45) Chile’s copper production is estimated to have declined by just 0.7% in 2020. While the country’s mining sector avoided a full-scale lockdown as seen in neighbouring Peru, operational restrictions and rising cases im...
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COVID-19: Top copper supplier boosts output amid COVID surge

COVID-19: Top copper supplier boosts output amid COVID surge Bloomberg Codelco, the world’s biggest copper producer, has some calming words for traders concerned that a COVID-19 resurgence in Chile would disrupt supply of the metal. “Definitely not,” company chairman Juan Benavides said when asked if a tightening of restrictions this week would interrupt the company’s operations or shipments. Codelco lifted first quarter output despite a surge of infections in Chile, he said in an inter...
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The US has Mmetals Problem - Lithium, Graphite, Copper, Nickel Supplies :: The Market Oracle ::

Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up. US President Joe Biden just announced a $2.3 trillion infrastructure spending package aimed partially at shifting the US transportation system from gas and diesel-based to battery-powered, and more support for renewable energies such as wind and solar over carbon-based sources like natural gas. ...
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