Home: Power is a double-edged sword for global metals sector
China’s power crunch is rapidly evolving from bull to bear influence on metals pricing.
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Russell: Surging coal prices split Asian buyers into rich and poor
As seaborne coal in Asia trades at near record highs there are early signs of demand destruction, especially among buyers such as India.
Congo reviews $6.2bn China mining deal as criticism grows
The contract, signed in 2008, promised a $3.2 billion investment by China in a copper/cobalt mine and another $3 billion worth of infrastructure projects.
China power curbs whack refined tin consumption – association
Tin price fell as much as 4.8% to $34,800 a tonne on Monday.
Australia to set up $1.5bn loan facility for critical minerals projects
Australia is a major supplier of critical minerals, such as nickel, copper and cobalt.
Anglo American resumes field work in Ecuador
Company is now re-engaging with local communities in the Pegasus gold-copper project to start test drilling in the second half of 2022.
Agnico Eagle, Kirkland Lake create new gold giant in $10bn merger
The combined company will have a market capitalization of about $24 billion and 48 million ounces of gold reserves.
Over 150m households, 23m businesses could switch to solar by 2050 — report
According to BloombergNEF and Schneider Electric, careful policy design could unlock a massive rooftop solar market around the world.
British Columbia’s biggest mines see three-year revenue erosion
Average revenue fell 26.2% to C$519.5 million in 2020.
