July 28, 2022

US coal giants see surging sales as global prices reach records

Peabody Energy, the biggest US coal producer, saw second-quarter sales jump 83% to $1.32 billion.

July 28, 2022

Gold price extends rally after data shows unexpected contraction in US economy

The unexpected contraction means that both the peak in Treasury yields has been made and a bottom has been formed for gold, one analyst said.

July 28, 2022

Potash prices to normalize by 2023, says Brazil Potash president

Prices of the fertilizer ingredient have soared this year on fears of a shortage caused by the Russian invasion of Ukraine.

July 28, 2022

Gold sees dovish light in the Fed’s hawkish darkness

Despite another hawkish FOMC meeting, gold rose again.

July 28, 2022

Anglo American’s new boss sounds warning on future copper supply

The world is headed for a severe shortage of copper as new mines become increasingly difficult to build, said Duncan Wanblad.

July 28, 2022

Iron ore price hits 4-week high boosted by rebounding steel margins in China

Twelve blast furnaces in China have resumed operations as margins improved, Chinese metals information provider SMM reported.

July 28, 2022

Rio Tinto inks deal to unlock huge Simandou iron ore project

The miner has formed a JV with the Guinea government and Winning Consortium Simandou to develop infrastructure, including a railway and port.

July 27, 2022

Cameco on the front foot as earnings soar

Uranium miner sees a return to long-term contracting by utilities highlighting concentrated supply risk

July 27, 2022

Gold trading kicks off on Nigerian exchange ahead of launch

For the first time the metal will be offered on a bourse in the West African nation.

July 27, 2022

Teck Resources boss to leave after 17 years at top job

Don Lindsay, who will leave by the end of September, led a number of large deals during his time at Teck, but also received criticism from investors over his pay…