by Gordon Barratt | Jun 16, 2022 | News
Canada’s Kinross Gold on Wednesday announced that it had completed the sale of its Russian assets, but at only half the price previously agreed with Highland Gold Mining group. The company sold its Russian assets for $340-million, compared with the $680-million...
by Gordon Barratt | Jun 16, 2022 | News
Future success for the top 40 mining companies in the world will depend on how much of a leading role they can take in the move towards clean energy, and whether they can continue to generate significant stakeholder value. The findings are revealed in PwC’s...
by Gordon Barratt | Jun 15, 2022 | News
Newcastle thermal coal prices are expected to remain subdued through the second half of June and into July as discounts offered for other origin coals continue to lure Asian buyers away from Australian coal, sources told S&P Global Commodity Insights June 12-15....
by Gordon Barratt | Jun 15, 2022 | News
European countries, scrambling to secure alternatives to Russian coal, imported 40% more coal from South Africa’s main export hub in the first five months of this year than over the whole of 2021, figures obtained by Reuters showed on Wednesday. South...
by Gordon Barratt | Jun 15, 2022 | News
Andrew Forrest, the chairman and founder of Australian miner Fortescue Metals, said on Tuesday he does not believe his company should shy away from investing in countries with troubled human rights records. Forrest, who returned to helm the company last month, cited...
by Gordon Barratt | Jun 14, 2022 | News
China has replaced Germany as the largest buyer of Russian energy since Moscow’s invasion of Ukraine began, a report by Finland’s independent Centre for Research on Energy and Clean Air (CREA) released on June 13 shows. The report estimates that Russia...
