by Trevor Barratt | Jan 10, 2022 | News
Canada’s Corvus Gold said the majority of its shareholders have voted in favour of AngloGold Ashanti taking control of the company in a deal estimates at about $370 million. The South African gold major offered last year to acquire the remaining 80.5% of the shares of...
by Trevor Barratt | Jan 10, 2022 | News
Increased production may not be enough to offset future demand and there is still likely to be a supply gap in the second half of this decade as companies struggle to move projects to production quickly enough. It takes on average 15-20 years to move a project from...
by Trevor Barratt | Jan 10, 2022 | News
London-listed Pembridge Resources reports positive yearly output improvements at its Yukon based Minto mine and has set the bar higher for 2022 guidance. In the year ended December 31, 2021, Minto produced 26-million pounds of copper, 11 783 oz of gold and 135 354 oz...
by Trevor Barratt | Jan 7, 2022 | News
Major Indonesian coal miners were seeking exemption from coal export prohibition that was put in place in the very beginning of 2022, citing mounting costs from stranded ships and subsequent demurrage and penalty charges from the delay of deliveries accoirding to a...
by Gordon Barratt | Jan 7, 2022 | News
Goldman Sachs Group is “extremely bullish” on commodities, amid a supercycle that has the potential to last for a decade, according to Jeff Currie, the bank’s global head of commodities research. The new year has started against a backdrop that includes record...
by Gordon Barratt | Jan 7, 2022 | News
Workers from the Polish Mining Group (PGG), Europe’s biggest hard coal producer, blocked coal transports to power plants on Monday, citing the continued hold up in talks with upper management. The miners have demanded higher wages and better compensation for working...
