US coal power to fall 45% by decade’s end in shift from dirtiest fossil fuel
Electricity producers have announced plans to shutter 99.2 gigawatts of coal plants through 2030, IEEFA said in a report.
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Metals world agonizes over war but keeps buying from Russia
The question of what happens to Russia’s metal exports is of vast consequence to global markets -- it’s a key supplier of palladium, nickel, aluminum, steel and copper.
Miners say Biden’s Defense Production Act use is “urgently” needed
The directive will specifically be authorized to support the production and processing of minerals used for large capacity batteries such as lithium, nickel, cobalt, graphite, and manganese.
Poland wants coal use beyond EU net-zero date in security push
Poland signaled that it wants to use coal to produce electricity after 2049 to bolster its energy security.
Hemlo Explorers stock jumps 53% as Barrick weighs Ontario project earn-in
Barrick Gold is considering taking an option to earn up to 80% of Hemlo Explorers' Pic project in Ontario.
Governments ignore mining in electrification push
The US and Canadian governments have been good about providing incentives for EV buyers and manufacturers, but when it comes to mining, little support has been offered.
Gold price advances on rising Russia-Ukraine tensions
Inflation looks set to remain elevated, which could continue to support the gold price, analysts told Reuters.
Endeavour Mining to move ahead with Sabodala-Massawa expansion
The expansion project is expected to yield an incremental production of 1.35 million oz. of gold.
Copper price up despite China demand concerns
"The lockdown in China has already led to a slowdown in the domestic movement of base metals," said ANZ.
