Commodity price spikes could signal lasting market changes – report
Margins are way above historical norms, and such a drastic divergence of price and production cost cannot last indefinitely, says WoodMac.
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Metso Outotec launches LowNOx burner for travelling grate pelletizing plants
The Ferroflame LowNOx burner uses high-speed dilution, an effective way to improve the combustion process and reduce NOx emissions
Aclara Resources withdraws EIA application for its Penco Module project in Chile
Aclara has decided to take more time in order to “fully understand and resolve the remaining issues” and resubmit a revised EIA application for its sole project.
Barrick Gold sells stake in Skeena Resources for $107 million
The miner said it is proceeding with the Disposition for investment portfolio management purposes.
Peru approves expansion of Las Bambas copper mine despite protests
The development will mainly be for the Chalcobamba pit and its associated infrastructure.
Gold price extends gains amid talks of further energy sanctions on Russia
Elevated inflation prints “and geopolitical uncertainty should drive gold modestly higher,” analysts at Morgan Stanley said.
Ariana Resources rises on Newmont exploration alliance
Newmont will invest $2.5 million to kickstart the exploration alliance’s activity in the Tethyan Belt.
China’s foreign minister meets Taliban leaders in Kabul
Beijing has embraced the Taliban’s return to rule in Afghanistan, a diplomatic approach that could allow it to tap into the nation’s vast mineral resources.
Gold mining firms should cooperate more with artisanal miners, WGC says
Pressure has grown from governments and non-governmental organisations for more to be done to bring artisanal miners into the market.
