by Gordon Barratt | Aug 13, 2020 | News
National Grid has fired up a coal-fired power station for the first time in 55 days after Britain’s record-breaking heatwave brought wind turbines to a near-standstill and caused gas-fired power stations to struggle. The electricity system operator brought Britain’s...
by Gordon Barratt | Aug 12, 2020 | News
Gold prices have fallen below $US2000 ($2783.08) to $US1911.25 an ounce overnight, marking the greatest fall since June 2013. The yellow metal dropped by $US116 overnight, with the price slump coming less than two weeks since reaching its recent high spot price of...
by Gordon Barratt | Aug 12, 2020 | News
Image: Fenner Dunlop. Anglo American has commissioned Fenner Dunlop Australian Conveyor Engineering (ACE) to deliver an overland conveyor system to the Aquila coal project in Queensland. Under the agreement, Fenner Dunlop ACE will design, supply and install an ACV002...
by Gordon Barratt | Aug 12, 2020 | News
Ivanhoe Mines is progressing with mine development work on three of its Central and Southern African mining projects, with its flagship Kakula copper discovery in the Democratic Republic of Congo (DRC) on track to start producing in the third quarter of 2021. The...
by Gordon Barratt | Aug 12, 2020 | News
New South Wales authorities have approved a Whitehaven Coal plan to develop an expanded new coalmine in the state’s north-west. The decision allows 168m tonnes to be extracted from the proposed Vickery coalmine, near Boggabri, over 30 years. Between 60% and 70% of it...
by Gordon Barratt | Aug 11, 2020 | News
Copper prices have rebounded this week as Chinese demand for the metal reached record levels during July. The London Metal Exchange (LME) saw the benchmark copper price rise by 0.9 per cent at $US6362 ($8868.85) a tonne on Monday, after facing a one-month low of...
