by Gordon Barratt | Mar 7, 2022 | News
Metals are breaking new records with copper spiking to an all-time high and nickel surging more than 16%, as soaring energy prices and fears of supply shocks rattled commodities markets amid war in Ukraine. The White House said it’s talking to allies about a possible...
by Gordon Barratt | Mar 7, 2022 | News
Gold prices scaled the $2 000-level for the first time in a year-and-a-half, as investors rushed to the safety of the metal in the wake of an escalating Russia-Ukraine crisis, while supply disruption fears sent palladium to an all-time high. Spot gold was up 0.9% at...
by Gordon Barratt | Mar 7, 2022 | News
The bottlenecks in South Africa’s export corridors – caused in large part by State-owned logistics company Transnet’s inability to provide sufficient capacity – will likely undermine any opportunities that could arise from commodity supply shortages and higher prices...
by Gordon Barratt | Mar 7, 2022 | News
The Western Australian mining industry has welcomed the opening of the state’s borders as an opportunity to relieve the sector’s skills shortage. Western Australia officially opened its borders with upgraded public health and social measures introduced state-wide from...
by Gordon Barratt | Mar 7, 2022 | News
Australia has produced its lowest annual gold volume since 2017, totalling 315 tonnes in 2021 after the first half saw the country momentarily overtake China. Australia had produced records of 325 and 327 tonnes of gold in 2019 and 2020, respectively, but the...
by Gordon Barratt | Mar 4, 2022 | News
Russia’s invasion of Ukraine is likely to hurt Africa’s coronavirus-ravaged and fragile economies through fiscal constraints, weaker investment flows and higher commodity costs. The most pronounced challenge will be the surge in prices, particularly of oil and...
