Germany to prioritize coal trains over passenger services
Germany plans to give coal trains priority over passenger services on its rail network as it struggles with an energy crunch that’s threatening the economy.
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Peruvian Institute of Economy reports decrease in private mining investments
According to the Peruvian Institute of Economy, while the mining sector was responsible for 19% of total private investments in 2012, it now accounts only for 10%.
Germany may resort to nuclear plants to plug Russian gas gap
Europe is in the middle of its worst energy crisis in decades, which has fueled inflation and put nations on the brink of a recession.
Why prehistoric Brits fancied rare quartz
Six thousand-year-old rock crystals reveal poorly investigated burial rites.
Two Trevali managers arrested in Burkina Faso over Perkoa mine flood — reports
Eight workers were trapped in the mine after the deadly flood in April and searches were ongoing—the bodies were all recovered in June.
Trevali suspends guidance, operations at Caribou zinc mine
In its Q2 report, the Canadian miner said the halt followed continued operational performance issues due to low productivity rates and equipment and operator availability from the mining contractor.
Fortescue inches closer to iron ore exploration in Gabon
A majority-owned joint venture has signed an agreement that will pave the way to study and obtain a licence to explore the Belinga project.
Gold miners’ Q2 2022 fundamentals
Better output along with Q2’s higher average gold prices fueled good revenues growth.
Gold price heads for weekly drop as Fed officials reiterate rate hikes
Bullion dropped to a three-week low as the dollar and Treasury yields strengthened, bringing the precious metal’s weekly loss to 2.9%.
