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Gold prices zig zag to three-year highs

Australian gold prices have climbed back up to three-year highs, hitting $2673.56, according to data from ABC Bullion.Prices last week slumped to a stagnant $2611.57 on May 9-10, rising minimally to $2618.50 on May 11 before taking off again on Thursday. This is...

Pembroke secures go-ahead for Olive Downs coal mine

Pembroke Resources has received a mine approval from Australia’s environmental and government authorities for the Olive Downs coal project in Moranbah, Queensland. The Australian Department of Agriculture, Water and the Environment provided Pembroke a clear pathway to...

China’s coal-fuelled boom

Deng Yingtao presented a scathing critique of economic growth thirty years ago – finally we must listen.Deng Yingtao, a high-profile Chinese economist, called the world to action thirty years ago in his book A New Development Model and China’s Future: “We can no...

Metso, Outotec stride towards merger

Image: Metso Australia. The European Commission has approved the proposed combination of Metso’s minerals business and Outotec, with the merger on track for completion in June. The two companies plan to combine Metso’s minerals business with Outotec, a move that has...