by Gordon Barratt | Mar 16, 2020 | News
China’s coal output in the first two months of 2020 fell 6.3% from the same period a year earlier as the coronavirus outbreak stopped miners from getting back to work after the Lunar New Year holiday was extended in a bid to contain the epidemic. China churned out...
by Gordon Barratt | Mar 13, 2020 | News
In a further indication of the stress rippling through the construction and mining sectors, Caterpillar reported its biggest decline in global machine sales since the end of 2016. The report underlines how the coronavirus outbreak is putting a drag on the industries...
by Gordon Barratt | Mar 13, 2020 | News
Image: Market Index Australian gold prices have dropped by $35.50 an ounce as the worldwide economy is affected by the coronavirus. ABC Bullion listed a seven-year-high price of $2558.53 an ounce on Wednesday, which dropped to $2523.03 at the time of writing on...
by Gordon Barratt | Mar 13, 2020 | News
Courtesy of Keith Pitt on Facebook. Leaders of the resources sector have convened in Canberra to organise a plan against the impact of the coronavirus outbreak. The Australian Government recently announced a stimulus package to boost the national economy, encouraging...
by Gordon Barratt | Mar 13, 2020 | News
Coal mining in the UK has been in heavy decline since it peaked in the 1980s – and while there aren’t many collieries remaining, a handful of new sites have been proposed Coal mining in the UK For decades, coal mining in the UK was the backbone of the...
by Gordon Barratt | Mar 13, 2020 | News
A market research firm recently conducted a study that claimed the asteroid mining industry would help humans colonize other planets and extracting precious resources from them could protect Earth from potential impact events. There are currently over 9,000 known...
