Suncor taps former Exxon executive as CEO amid Elliott push Suncor Energy has named Rich Kruger as its new chief executive officer, ending a seven-month search. Bloomberg News | February 21, 2023 | 11:47 am
Big Ridge Gold doubles inferred resource in Newfoundland while grade drops Hope Brook project holds an indicated resource totaling 16.2 million tonnes grading 2.3 grams gold per tonne for 1.2 million oz. Staff Writer | February 21, 2023 | 11:37 am
Premium iron ore piles up in South Africa amid rail constraints State-owned rail operator Transnet is plagued by lack of capacity, exacerbated by maintenance backlogs and vandalism. Bloomberg News | February 21, 2023 | 10:10 am
BHP says reform to LME nickel contract ‘long overdue’ Concern about the reliability of LME prices has led some producers and consumers to try and find alternatives. Reuters | February 21, 2023 | 9:52 am
ATAC enters LOI with Hecla after shunning Victoria Gold takeover bid ATAC Resources is now set to be sold to Hecla Mining in a deal valued at C$31 million. Staff Writer | February 21, 2023 | 9:22 am
Iron ore price surges to 8-month high on renewed optimism around China’s reopening BHP flagged a brightening demand outlook in the top steel producer country. MINING.COM Staff Writer | February 21, 2023 | 9:08 am
Copper price rises despite weak Chinese demand Demand recovery is expected in mid or late-March, according to some market participants. MINING.COM Staff Writer | February 21, 2023 | 8:40 am
China supply concerns boost aluminum prices China's Yunnan province has asked aluminum producers to reduce power consumption by 40-42% from September levels. Reuters | February 21, 2023 | 8:08 am
Nickel market oversupplied by 112,200 tonnes in 2022, INSG says The global nickel market recorded a deficit of 166,600 tonnes in 2021. Reuters | February 21, 2023 | 7:58 am
