Indonesia’s March coal benchmark price set at $67.08
Price rose slightly as coal mine operations in China were affected by the coronavirus.
Latest Stories
China-backed JV set to start work at Simandou
The Chinese agency overseeing the biggest government-owned companies is close to approving the development of the vast iron ore deposit in Guinea.
SKRR goes after Saskatchewan gold project
The Vancouver-based miner signed a non-arm's length option agreement with Edge Geological Consulting.
Glencore’s expansion of Hunter Valley coal mine approved
The New South Wales’ Independent Planning Commission greenlighted the project.
Alkane gets Australian financial support to build rare earths mine
The proposed Dubbo pollymetalic and rare earths mine is expected to process up to 1m tonnes of ore per year over a period of more than 75 years.
Coronavirus damps upbeat mood among miners as financing dries up
The Bloomberg Industrial Metals Subindex Total Return has tumbled more than 10% since mid-January as the virus outbreak spread globally.
Critical Resource, ERM join to tackle ESG risks
Losing social support, or social licence to operate (SOL), is seen as the main risk mining and metals firms are facing.
PDAC attendance shrinks 10%, impacted by coronavirus
Convention, which hosted 25,843 people in 2019 was impacted by coronavirus outbreak.
Newcrest closes $60m sale of Gosowong mine in Indonesia
The move comes after the government issued a mandate in 2018 stating that major mines have to be at least 51% owned by Indonesian companies.
