by Gordon Barratt | Mar 16, 2022 | News
Gold prices are expected to average $US1900 ($2642) per ounce (oz) in 2022, as Fitch Solutions’ revised price from $US1700/oz reflecting the Russian invasion of Ukraine that has sparked an uptick in gold demand. Gold prices are hovering near their all-time high of...
by Gordon Barratt | Mar 16, 2022 | News
The London Metals Exchange (LME) will reopen its nickel market from 4pm Western Australia time on Wednesday, March 16, after it was suspended for a week following unsustainable prices about $US100,000 per tonne ($139,000). Upon reopening, all contracts due for...
by Gordon Barratt | Mar 16, 2022 | News
The Federal Government has dedicated $243 million across Australia’s critical minerals industry to reduce the country’s reliance on Chinese resources. The funding comes as part of the government’s $1.3 billion Modern Manufacturing Initiative which forms part of the...
by Gordon Barratt | Mar 16, 2022 | News
Professor Iqbal Husain. Image: Curtin University. A prominent American engineer has secured a scholarship to undertake fundamental and applied research at Curtin University on the integration of electric vehicles (EVs) and renewable energy into mining infrastructure....
by Gordon Barratt | Mar 15, 2022 | News
China’s coal output rose 10.3% in the first two months of 2022 from a year earlier, after Beijing encouraged miners to ramp up production for the winter heating season, with demand also receiving a boost from Indonesia’s export ban. The world’s...
by Gordon Barratt | Mar 15, 2022 | News
Sky-rocketing coal prices, squeezed supplies and other similar issues have caused a surge in cement prices that has subsequently led to an increased cost of construction.In the last 60 days (since Jan 15), the per-bag cement price has increased by Rs160 and it may...
