If a modification to the Dargues Reef Gold Mine, at Majors Creek, is approved, the mine may finally be able to begin operating. The modification being sought includes expanding the mines operational life from August 31, 2018, to December 31, 2024, increasing the approved maximum ore extraction from 1.2 to 1.6 million tonnes, constructing and ...
This statistic shows the average monthly commodity price of iron ore from May 2017 to May 2018. In May 2018, iron ore was valued at approximately 66.1 U.S. dollars per dry metric ton unit (dmtu), as compared to around 62.43 U.S. dollars per dmtu in May 2017.
* Where uranium is at low levels in rock or sands (certainly less than 1000 ppm) it needs to be in a form which is easily separated for those concentrations to be called 'ore' – that is, implying that the uranium can be recovered economically.
Source: S&P Global Platts Investment bank Barclays expects the benchmark price for iron ore to average $60 per ton in 2018.Iron prices suffering approximately a 15% year-on-year decline are expected to rebound before the year's end despite Barclay's expectations for lower prices in 2018.