The mining and metals industry faces several significant challenges when it comes to implementing a digital strategy. These challenges are due to the unique characteristics of the industry and the nature of its operations. Reason 1 The mining and metals industry typically operates in remote and harsh environments, which pose considerable logistical and infrastructure challenges […]
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Gold rebounds on dip buying; US-China trade talks in focus
May 9 (Reuters) – Gold firmed on Friday on dip-buying after prices dropped earlier in the session, while markets turned their focus to U.S.-China trade talks due this weekend. Spot gold added 0.4% to $3,317.39 an ounce as of 0622 GMT. The metal has gained more than 2% so far this week. U.S. gold futures […]
Iron ore rangebound on slow demand and ahead of Sino-US trade talks
BEIJING, May 9 (Reuters) – Iron ore futures traded in a tight range on Friday as investors weighed prospects of easing Sino-U.S. trade tensions against seasonally weak demand from top consumer China. The most-traded September iron ore contract on China’s Dalian Commodity Exchange (DCE) closed daytime trade 0.57% lower at 696 yuan ($96.06) a metric […]