China metallurgical coal futures surge on supply woes, demand recovery
Other steelmaking ingredients on the Dalian bourse also jumped.
Latest Stories
Aluminum price hits highest since 2008 on LME, closes in on a record
“Aluminum markets are facing a melt-up in prices this year, driven by simultaneous deficits in both China and ex-China drawing on already low stock of inventory,” Goldman analysts say.
Sabina raises $520 million for Goose mine, including gold stream deal with Wheaton
Goose is the first mine being developed along the 80 km Back River gold district in Nunavut.
Bam deposit grows to 1.5 million oz gold with Landore’s new resource estimate
The new estimate represents a 47% increase in contained gold, compared to the estimate released in 2019.
Iron ore price rises to $150 after China eases steel’s green targets
China set 2030 as the new deadline for peak-emissions for the steel sector, against an earlier target of 2025.
Centamin takes charge of Sukari underground gold mine
The company is shifting underground operations at its flagship mine in Egypt from a contractor to an owner-operated model.
New LME stocks squeeze is creeping up on Doctor Copper
LME copper stocks give every appearance of experiencing a second grab-it-while-you-can impulse wave, writes Andy Home.
Research shows risk aversion determines coal contracting behavior of US power plants
New research shows that coal power plants respond to regulatory practices by taking costly actions to reduce the variance of their input costs.
British Columbia denies permit for Morrison copper-gold mine again
The project in the Canadian province has been stuck in the environmental assessment stage for 19 years.
