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China Coal Companies Rise After Posting Higher Profits

Shares of coal companies China Shenhua Energy Co. and China Coal Energy Co. rose in early trade after first-quarter profits jumped substantially thanks to higher coal prices. China Shenhua rose as much as 5.8% in Hong Kong on Thursday morning after it posted a 67%...

Nornickel and Rosatom to collaborate on lithium

Palladium and nickel miner Nornickel will collaborate with State atomic energy corporation Rosatom on the development of what it describes as the “most promising” lithium ore deposit in Russia. The Kolmozerskoye deposit, in the Murmansk region, is said to be the...

Record coal price for Whitehaven

A record average coal price of $315 per tonne has highlighted Whitehaven Coal’s performance in the 2022 first quarter. This compared with a price of $101 per tonne received in the previous corresponding period (PCP) and $204 per tonne for the first half of FY21. The...

Mineral love is in the air

Anglo American is using a helicopter airborne survey over an area of around 10,000 square kilometres in the Wheatbelt region of Western Australia, exploring its mineral resource potential. The Southwest Yilgarn Exploration Project is in its early stages of exploration...