China’s record steel futures boost iron ore prices
Chinese steel futures extended their rally in early trade to hit fresh peaks, boosted by strong domestic demand.
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Sustainable investment group UNPRI reviews Liberty Mutual membership over Australian coal mine plan
The US insurer is backing a coal project in Australia that has drawn fire from community groups worried about climate change and pollution.
Teck signs zinc benchmark deals at $159/t with Glencore, Korea Zinc
Zinc miners have struggled to recover from disruptions caused by covid-19, causing extreme tightness in the concentrates market.
China is increasingly the outlier in building new coal-fired power: Russell
China commissioned 38.4 GW of new coal plants last year, more than offsetting the retirements achieved in the rest of the world.
Perth Mint’s March gold sales surge to highest since 2012
Sales of gold coins and minted bars jumped to more than 130,000 ounces in March, up 4.8% month-on-month and 39% from a year earlier.
Glencore’s KCC mine in Congo had acid spill on March 16
Glencore declined to say how much acid was spilled from the tank, but said KCC immediately contained the spill and conducted follow-up monitoring of the environment.
Talisker steps out Bralorne gold system in BC
The latest drill results from past-producing Bralorne gold project in south-central B.C. hit new mineralization below historic workings and southeast of prior intercepts.
Solar power to reduce emissions, costs at Trevali’s Rosh Pinah mine
A new power purchase agreement is expected to reduce energy costs at Rosh Pinah by 18%.
Antofagasta sells copper concentrate at treatment charge of around $10
The very low rate sale - done via a tender last week - comes as disruption to mine supply globally puts pressure on TC/RCs.
