Commodities gauge falls to lowest in 8 months on recession fears
The dollar’s relentless surge to repeated records is making commodities priced in the currency more expensive for overseas buyers.
Latest Stories
Diversification is the new mining buzzword
It appears the days of being a “one trick pony” mining company are numbered.
As sentiment turns in favour of nuclear energy, Fission Uranium preps for Q4 feasibility
Following a decade in the “wilderness,” uranium stocks are now finally on the upswing.
Coal price renaissance: how long can it last?
No one saw coal prices of $400 to $600 per tonne coming, including those in the coal industry.
Rio Tinto says employee sexually assaulted in Western Australian mine
The incident comes three months after Australia’s sex discrimination commissioner called for urgent changes in the country’s mining industry.
NorZinc completes permitting process for Prairie Creek mine in NWT
NorZinc has now received a new water licence from the government of Northwest Territories for an expanded 2,400 t/d mine plan.
Anglo cuts production, ups costs at Quellaveco and Chile mines
Anglo says 300,000ktpa Peru mine has entered commercial production. Chile output and costs negatively affected by Los Bronces water restrictions and changing ore.
Mega-polluting coal plans clash with Australia’s climate goals
A proposed pipeline of coal mine projects in Australia, the world’s second-biggest exporter of the fuel, are threatening to lock in decades of new carbon emissions.
Metals pare losses as traders assess recession risks, dollar
“In general the outlook is pretty weak for metals,” said Ryan McKay, a commodity strategist at TD Securities.
