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...
by Gordon Barratt | Jan 7, 2022 | News
Iron-ore was poised to book solid gains for the week, despite a mixed morning session in Shanghai on Friday, as traders returned from New Year holidays feeling optimistic about demand prospects in top steel producer China. The steelmaking ingredient’s...
by Gordon Barratt | Jan 7, 2022 | News
A study has investigated opportunities to capture fugitive emissions from underground and open-cut coal mines in the Bowen Basin to assist in Queensland’s efforts to reduce greenhouse gas emissions. According to the Bowen Basin Pipeline concept study, a gas pipeline...
by Gordon Barratt | Jan 7, 2022 | News
Last year saw the gold price record its first calendar year decline since 2018, falling 4 per cent to end the year at $US1820 ($2500) per ounce of gold, according to the Perth Mint. The price of gold finished 2020 at $1887 and was affected in 2021 by factors like a...
by Gordon Barratt | Jan 6, 2022 | News
ual-listed Excellon Resources is assessing the economic viability of continuing to mine at its Platosa silver mine, in Mexico, beyond the middle of this year, president and CEO Brendan Cahill said on January 5. In an update to shareholders, he said the...