Iron ore price posts third weekly gain on strong demand hopes
"There is strong anticipation that steel production will resume in the medium term," SinoSteel Futures analysts said.
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Commodities to veer between China hopes, pandemic fears
If 2021 was a year of volatility and uneven performances for commodities, then 2022 is shaping up as a rinse and repeat as uncertainty over the pandemic recovery remains the dominant theme, writes Clyde Russell.
Coal price soars to $300/t as Asia scrambles for power plant fuel
The seaborne thermal coal market has been in disarray since Indonesia, the world’s biggest exporter, announced it would halt exports for January so it could replenish stockpiles.
Nutrien is a possible takeover target for BHP, analyst says
The world’s top fertilizer producer could be a takeover target for BHP Group after a “peculiar” CEO change earlier this month.
Fortescue warns shut Western Australia borders may worsen labour shortage
The country's largest state, home to the resource-rich Pilbara region, cancelled plans to reopen its borders on Feb. 5 due to health risks from the Omicron coronavirus variant.
At least 17 dead after explosion in Ghana mining region
The blast occurred after a motorcycle fell under a truck transporting explosives to the Chirano gold mine, run by Kinross Gold.
Silver Lake Resources grabs troubled Harte Gold
Deal hands Silver Lake the Sugar Zone gold mine in Ontario, Canada, which has been in commercial production since 2019.
Organizations partner to explore viability of lithium extraction in British Columbia
The NEBC Lithium - Formation Water Database is a project that will assess concentrations of lithium in brines in British Columbia’s formations by sampling natural gas and oil wells.
Mining People: Canterra, Defense Metals, First Majestic, MacDonald Mines, Mountain Province, Nighthawk, Stratabound
Key moves in the mining sector.
