by Gordon Barratt | Mar 4, 2022 | News
Flush with cash after bumper earnings, mining companies straddle a delicate balancing act as they benefit from soaring commodity prices amid the Ukraine-Russia crisis but also potentially face high inflation that could hit short-term demand and slow down...
by Gordon Barratt | Mar 4, 2022 | News
Wiluna Mining Corporation announced that it would immediately suspend gold concentrate shipments from its Wiluna mining center, in Western Australia, to Russia, given the current military action in Ukraine. Wiluna told shareholders that it had arrangements in place to...
by Gordon Barratt | Mar 4, 2022 | News
Baralaba north coal mine. NRW Holdings subsidiary Golding Contractors has signed a letter of intent to perform mining services for Wonbindi Coal at the Baralaba North mine in Queensland. Golding has provided contract mining services to Wonbindi for the last four years...
by Gordon Barratt | Mar 3, 2022 | News
Canadian miner Kinross Gold is suspending all activities at its Udinsk development project and is in the process of halting operations at its Kupol mine, in Russia, the firm announced late on Wednesday. No timeline was given for...
by Gordon Barratt | Mar 3, 2022 | News
The biggest risk in battery materials from Russia’s increasing economic isolation centers on supplies of top-notch Arctic nickel controlled by the country’s richest man. Russia is a major producer of the metal that will be needed in huge quantities as the world’s auto...
by Gordon Barratt | Mar 3, 2022 | News
The Queensland Resources Council (QRC) has called on the Queensland government to finalise approvals for the New Acland Stage 3 project, as coal prices spike amid the Russia-Ukraine crisis. “The world, especially Europe, needs Queensland’s high-quality commodities now...
