by Gordon Barratt | Apr 5, 2022 | News
US coal prices topped $100/t for the first time in 13 years as Russia’s war in Ukraine and the global energy crunch drive up demand for fossil fuels. Prices for coal from Central Appalachia surged 9% to $106.15/t last week, the highest since late 2008, according to...
by Gordon Barratt | Apr 4, 2022 | News
GroundProbe, a member of the Orica Group, recently celebrated the relocation of their office, facilities and Geotechnical Support Service (GSS) centre in Balikpapan, Indonesia, to better serve their growing Asian customer base. The centre, originally opened in 2012,...
by Gordon Barratt | Apr 4, 2022 | News
Some gold refineries are refusing to remelt Russian bars even though market rules permit them to do so, in a sign of how toxic the country’s products have become in certain commodities markets. The London Bullion Market Association, a club of big banks that acts as...
by Gordon Barratt | Apr 4, 2022 | News
The resources sector will be one of the main beneficiaries after the Australia-India Economic Cooperation and Trade Agreement was officially signed, making exports to India cheaper and creating huge new opportunities for workers and businesses. Tariffs will be...
by Gordon Barratt | Apr 4, 2022 | News
Poland is set to end all Russian energy imports, including oil, gas and coal by the end of 2022, according to a statement made by the country’s prime minister, Mateusz Morawiecki, during a press conference on Wednesday. The prime minister announced that the country...
by Gordon Barratt | Apr 4, 2022 | News
Australian coal is set to become the second commodity ever to crack $100 billion in annual exports, according to the latest Resources and Energy Quarterly report from the federal government. Key points: A new federal government report forecasts the...