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Topic

Gold seen hitting six-year high as global markets outlook dims

By: Bloomberg     10th June 2019 Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook. Bullion may touch $1 400/oz this year as investors hedge risk, according to Rhona O’Connell, head of market analysis for... 

Papua New Guinea PM says resources reforms will take years

By: Reuters     5th June 2019 New Papua New Guinea Prime Minister James Marape doubled down on his plans to earn more taxes from the gas-and-gold-rich country's natural resources sector on Wednesday, but said major reform would not take effect for years. That will come as a relief for oil giants such as France's Total and... 

Australia mining investment recovery, exports to add to GDP growth – RBA

By: Reuters     5th June 2019 A gradual pick-up in mining investment in Australia combined with solid export demand for the country's commodities will likely contribute to broader economic growth over the next year, a senior central bank economist said on Wednesday. The resource sector accounts for 20% of Australia's... 

Australia says its aluminium exports to US are fair after report Trump considered tariffs

By: Reuters     3rd June 2019 Australian Prime Minister Scott Morrison on Monday said aluminium exporters are complying with the terms of a deal with the United States after the New York Times reported President Donald Trump had considered imposing tariffs on Canberra. The New York Times, citing unidentified sources, said... 

Santos inks more Narrabri supply MoUs

By: Esmarie Iannucci     9th May 2019 Australian oil and gas major Santos has inked additional nonbinding memoranda of understanding (MoU) for gas supply from its proposed Narrabri gas project, in New South Wales. Under the proposed transactions, Santos would supply building material manufacturer Brickworks with up to 3 PJ/y of... 

Mining industry supports AIMEX as visitor registrations officially launch

By: Creamer Media Reporter      9th May 2019 The Australia Federal Election campaign has so far seen all sides of politics weighing in on where they see the future of mining heading in this country. As that takes place, the industry itself is gearing up for what will be one of the most important events of a decade when Australia's largest... 

Future of Mining EMEA arrives in London with the focus on technology, development and sustainability

30th April 2019 The Future of Mining EMEA conference takes place at 8 Northumberland Avenue in London from 26-27 June with a strategic focused commercial and operational agenda connecting the industry across Europe, Middle East and Africa.   Speakers delivering on these topic areas include Daria Goncharova,... 

‘Land no one else wants’ gets solar as coal-and-nukes era fades

By: Bloomberg     25th April 2019 For two decades, coal has been pulled from a Bent Mountain mine in eastern Kentucky. But in a startling move in the heart of coal country, a rival –solar – is preparing to move on to the land. From Appalachia in the US to Queensland in Australia and Chernobyl in Ukraine, solar and wind farms are... 

Orion reawakening geological giant in Northern Cape  

By: Martin Creamer     18th April 2019 Three years ago, Orion Minerals was trading at an eighth of an Australian cent a share. It had a market capitalisation of $4-milllion and set out to find something that could be turned into a mine. The good news is that the company found that opportunity in South Africa, and its share price has... 

Glencore’s Jeff Gerard appointed Katanga CEO

By: Simone Liedtke     18th April 2019 TSX-listed Katanga Mining, a unit of Glencore, on Thursday announced that Glencore International’s Jeff Gerard would succeed Danny Callow as CEO of the company, effective May 2. Gerard’s appointment follows the signing of a management services agreement between Katanga and Glencore in January.... 

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