Gold miner Agnico Eagle has posted record second-quarter production, reflecting 100% ownership of the Canadian Malartic mine for the full three months, combined with a strong operational performance at all producing sites. The miner, which bought the remaining 50% of...
After selling its share in the Kemerton lithium hydroxide facility in WA and missing its annual lithium production target for Wodgina, questions surrounding what Mineral Resources (MinRes) will do next remain. Albemarle took full ownership of Kemerton late...
Fortescue has released its June 2023 quarter report, achieving record shipments of 192 million tonnes for the 2023 financial year (FY23). Strong cashflow generation contributed to a cash balance of $US4.3 billion ($6.4 billion) and net debt of $US1 billion ($1.5...
As the end of the Federal Government’s price cap on coal draws nearer, the energy market is showing no signs of calming. The NSW Government is considering all options in response. In 2022, war in Ukraine and Russia led to sanctions on Russian gas, while in...
US power sector coal stockpiles reached a 29-month high of 127.5 million st in May, according to Energy Information Administration data released July 25. Stockpiles were 7.1% higher on the month and up 37% on the year. The stockpile build was 8.4 million st, more than...
Canada-headquartered junior Highland Copper has made great strides in advancing its goal of becoming a US domestic copper producer in the near term. The company’s immediate focus is on the development of the Copperwood project, after which it...
