Gold’s floor price is getting higher, top producer Newmont says
As global markets wilt on fears of stagflation, gold has stayed relatively resilient given its haven status.
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Chinese stimulus, lower supply from Russia to keep nickel prices high – report
Nickel prices will edge higher in Q322 as Chinese stimulus measures improve the demand outlook and the Russia- Ukraine war continues to disrupt supply, says Fitch.
Battery metal buzz counters financial market angst at mining’s big show
The turmoil that rocked financial markets this week has done little to shake the optimism around global mining at PDAC.
BP to lead giant green hydrogen project in Western Australia
The project would supply renewable power to local customers in the Pilbara, the center of Australia’s iron ore export sector that hosts mines operated by BHP and Rio Tinto.
Moody’s warns Chile constitution uncertainty could hit mining investment
Analyst Barbara Mattos explained that a ban on activities around glaciers could potentially impact 20-25% of current copper production.
PDAC 2022: Northwest Territories leaders ask Ottawa to help with infrastructure to benefit mining
Infrastructure that lags behind southern Canada is limiting the potential of the territory’s mining development and increasing its costs as well, said leaders of the N.W.T. government at PDAC.
Metso Outotec invests $2.3 million to level unexplained gender-related pay gaps
Pay increases were made to some 500 employees in around 20 countries.
Ukraine steelmaker says Russia is taking metal from Mariupol
The alleged thefts would fit a pattern of Russia targeting commodity hubs that provided Ukraine with vital export revenues.
CATL said to price jumbo stock offering
The Chinese company was seeking about 45 billion yuan ($6.7 billion) from the A-share private placement.
