by Gordon Barratt | Apr 1, 2025 | News
Gold prices hit a record peak on Tuesday, as concerns that US President Donald Trump’s reciprocal tariffs might fuel inflationary pressures and impede economic growth drove safe-haven demand. Spot gold was up 0.6% at $3 142.83 an ounce, as of 03:10 GMT, after...
by Gordon Barratt | Apr 1, 2025 | News
Oskar Lewnowski has a good claim to be the poster boy for private capital in mining. A former investment banker who quit the legendary London-based commodity hedge fund Red Kite to start out on his own a decade ago, Lewnowski’s company Orion Resource Partners is now...
by Gordon Barratt | Apr 1, 2025 | News
ABB has launched an artificial intelligence (AI)-powered assistant called the GMD Copilot, designed to optimise the operation of gearless drives (GMDs). The innovation gives the user context-specific information instantly and provides a complete overview of the system...
by Gordon Barratt | Apr 1, 2025 | News
Whitehaven has officially formed a 70:30 joint venture at its Blackwater coal mine with Nippon Steel Corporation and JFE Steel Whitehaven. Nippon Steel owns a 20 per cent interest in Blackwater, with JFE Steel owning 10 per cent. Whitehaven has retained a 70 per cent...
by Gordon Barratt | Mar 31, 2025 | News
Codelco has retained its status as the world’s biggest copper producer by the slimmest of margins after reporting 2024 output that nudged past that of BHP Group. Codelco posted total full-year production of 1.44-million metric tons, which includes its share of copper...
by Gordon Barratt | Mar 31, 2025 | News
The discourse surrounding the need for a net zero future has largely focused on renewable sources of energy. Mining practices do not often positively feature in these discussions. The discovery of an $8.4 Bn mine in America is about to challenge our...
