Mining News Pro - The plan by some Group of Seven nations to ban new gold imports from Russia is “largely symbolic” as flows have already been restricted by sanctions, according to analysts.
Monday, June 27, 2022 - 21:34:32
Mining News Pro - Commodities are hitting powerful headwinds after a first-half dominated by the supply turmoil and inflationary shocks unleashed by Russia’s attack on Ukraine. Below, What to Watch looks at what the second half holds for raw materials from natural gas and crude to grains, gold, iron ore, and lithium.
Monday, June 27, 2022 - 21:29:00
Mining News Pro - Shares in Kore Potash (LON: KP2) climbed on Monday almost 15% after the company lowered the costs cost of its Kola potash project in the Republic of Congo by $520 million to $1.83 billion.
Monday, June 27, 2022 - 21:24:50
Mining News Pro - Despite holding steady throughout the week, gold is likely headed for another weekly loss of about 1% as the non-yielding safe-haven asset wrestled with the prospect of higher interest rates.
Monday, June 27, 2022 - 11:11:09
Mining News Pro - The operational technology (OT) networks of mining operations are particularly vulnerable to cyberattacks.
Sunday, June 26, 2022 - 10:44:51
Mining News Pro - Steel industry is having critical situation during the recent months and all the companies are in a shadow of this position. some countries are making new rules for the matter.
Tuesday, June 28, 2022 - 09:49:12
Mining News Pro - Industrial metals are on track for the worst quarter since the 2008 financial crisis as prices are pummeled by recession worries. Copper, the great economic bellwether, has ricocheted into a bear market from a record four months ago, while tin just tumbled 21% in its worst week since a 1980s crisis froze London trading for four years.
Monday, June 27, 2022 - 21:37:11
Mining News Pro - Codelco, the world’s largest copper producer, will adjust its strategy to produce more sustainable copper and meet the Andean country’s growing environmental demands, the chairman of the board Maximo Pacheco told Reuters in an interview in Santiago.
Monday, June 27, 2022 - 21:31:16
Mining News Pro - Researchers at Texas A&M University and ExxonMobil are using a process called electrochemical exfoliation to turn petroleum coke into graphene.
Monday, June 27, 2022 - 21:27:10
Mining News Pro - Three communities in Chile’s High Valley of Salamanca remain in conflict with Antofagasta’s (LON: ANTO) Los Pelambres copper miner.
Monday, June 27, 2022 - 21:22:52
Mining News Pro - Shares in Australian gold producer Evolution Mining (ASX: EVN) cratered on Monday after it downgraded its forecast gold production for the year to June 30 and shelved a multi-million dollar expansion.
Monday, June 27, 2022 - 21:32:48
Mining News Pro - The industry association for Switzerland’s gold refiners said its members didn’t import gold from Russia last month, raising questions about who bought the country’s precious metals.
Friday, June 24, 2022 - 14:22:51
Mining News Pro - The copper price rose on Tuesday on concerns about an expected strike in top producer Chile.
Wednesday, June 22, 2022 - 13:14:31
Mining News Pro - US oil producers are turning to an unexpected source to help solve the environmental problem of excess natural gas — cryptocurrency miners.
Wednesday, June 22, 2022 - 10:26:45
Mining News Pro - The price of tin has crashed over the last few days.
Tuesday, June 21, 2022 - 13:16:01
Mining News Pro - Germany warned that Russia’s moves to slash Europe’s natural gas supplies risked sparking a collapse in energy markets, drawing a parallel to the role of Lehman Brothers in triggering the financial crisis.
Friday, June 24, 2022 - 14:18:55
Mining News Pro - Brazilian miner Samarco Mineracao and its financial creditors will begin formal mediation about a consensus debt restructuring plan in a court in Minas Gerais, the bankruptcy judge decided on Tuesday, according to a document seen by Reuters.
Wednesday, June 22, 2022 - 13:31:19
Mining News Pro - The largest-ever Queensland Mining and Engineering Exhibition (QME) is set to kick off on July 19, and Epiroc, FLSmidth and Emesent will be among those front and centre.
Tuesday, June 21, 2022 - 13:33:09
Mining News Pro - Canadian miner Alamos Gold has begun production at its La Yaqui Grande mine in Mexico, following the completion of construction this month, slightly ahead of schedule.
Tuesday, June 21, 2022 - 13:13:27
Mining News Pro - Australian opposition leader Peter Dutton indicated his group will set a target before the next election for a bigger cut in emissions, but said that coal and gas should continue to be “a part of the mix.”
Monday, June 20, 2022 - 13:07:25
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