by Gordon Barratt | Nov 9, 2022 | News
As world leaders gather at the United Nations climate summit in Egypt this week, another international meeting is underway in Jamaica to decide the fate of the planet’s oceans. The UN-affiliated International Seabed Authority is convening in Kingston to fast-track...
by Gordon Barratt | Nov 9, 2022 | News
Yamana Gold’s top investor calls the $4.8-billion takeover proposal by Agnico Eagle Mines and Pan American Silver “a good deal” for all, signaling his preference on the competing deals. Van Eck Associates, which owns nearly 12% of Yamana, had been critical of a...
by Gordon Barratt | Nov 9, 2022 | News
Thiess has extended its mining services contract with BHP Mitsubishi Alliance (BMA) for the Caval Ridge operations in Queensland. With a potential term of up to five years, the new contract starting on December 1 has revenue to Thiess valued up to $600 million. Thiess...
by Gordon Barratt | Nov 9, 2022 | News
The World Gold Council (WGC) has identified the key physical climate-related vulnerabilities of the gold mining industry and outlined a range of adaptation strategies to support the industry in managing the associated risks. Its Gold and climate change:...
by Gordon Barratt | Nov 9, 2022 | News
The price of iron ore has tumbled since a record high in May 2021. The iron ore price has been on something of a rollercoaster ride over the past two years. It reached a record high of close to about $US240 ($371) a tonne in May last year, but the...
by Gordon Barratt | Nov 8, 2022 | News
The current energy crisis means that Poland will not only delay its plans to shut down existing coal mines but will also expand production and even open new facilities, two government ministers have revealed. Poland uses coal to generate 70% of electricity, by...
