US minerals explorer Ivanhoe Electric said on Monday it had received a preliminary project letter from the US Export-Import Bank (EXIM) for potential debt financing of $1.1-billion to develop its Santa Cruz copper project in Arizona. The Santa Cruz project is one...
Ramelius Resources has added almost two million ounces of newly discovered gold to its inventory, helping drive a near-80 per cent increase in ore reserves as the company builds towards a production ambition of 500,000-ounces. The company’s 2026 resources and reserves...
New data has shown that New South Wales’ coal exports have increased by six per cent over the past financial year, with almost nine million additional tonnes shipped to international markets amid stronger demand across Asia. The data from Coal Services outlined that...
Six European Union countries want the 27-nation EU to discuss in September a mechanism to tax windfall profits of oil companies triggered by Iran’s blockade of the Strait of Hormuz, a letter by their finance ministers showed on Monday. In a letter to Ireland,...
US refiners are being pushed into one of the most intense operational periods in modern history, with utilisation rates hovering above 95% for eleven straight weeks — a stretch unmatched in more than a quarter of a century. As Reuters’ analysis argues, this is not...
