November 10, 2021

Steppe Gold secures $65 million to fast-track ATO Phase 2 build

A recent feasibility study details a further two years at the producing oxide phase and a 10.5-year expansion.

November 10, 2021

Vale Indonesia expects lower nickel matte production next year

The Indonesian arm of the Brazilian mining giant is expecting nickel matte production of 65,000 tonnes in 2022, compared with an annual average of 70,000-75,000 tonnes.

November 9, 2021

Nickel prices seen falling in 2022 due to surplus

Average LME nickel prices are seen declining to $17,000/t in 2022 from an estimated $18,500/t this year, Antaike says.

November 9, 2021

CHART: Lagging nickel price defies aenemic supply pipeline

Nickel is the worst performing base metal in 2021, but the metal’s project pipeline covers less than 10% of requirements through 2030, says new report.

November 9, 2021

UAE to audit all gold refineries in crackdown on illicit trade

A Reuters investigation in 2019 found that UAE took in gold worth billions of dollars smuggled from Africa.

November 8, 2021

Teck and Oldendorff team up to reduce supply chain CO2 emissions from BC port

The CO2 reductions represent Scope 1 emissions for Oldendorff and Scope 3 emissions for Teck.

November 8, 2021

Sumitomo doubles annual profit forecast on surging metal prices

Sumitomo has raised its copper price forecast to $9,071 a tonne for the year from its May estimate of $7,800.

November 6, 2021

The energy crisis that helped revive coal is easing, for now

Supplies of coal, the key source of electricity generation in China and India, are beginning to rise again after governments pressed miners to boost output.

November 4, 2021

The commodity boom is starting to push battery prices higher

It’s not just car buyers that may feel the pinch.

November 4, 2021

Coal price: Asia’s near-term climate goals outweigh long-term pledges

In some ways, the richer nations of the developed world can speed up the end of coal in Asia, writes Clyde Russell.