Giant new power plants undermine South Africa’s emissions pledge The 4,800MW Kusile plant and the almost identical Medupi facility will be key to meeting its demand for energy. Bloomberg News | July 8, 2022 | 9:07 am
Gold price bound for worst week in over a year Lately, gold has failed to attract safe-haven flows despite growing recessions risks. Staff Writer | July 8, 2022 | 8:51 am
Iron ore price down as China’s steel industry sounds alarm over crisis conditions China’s steel mills are sounding the alarm over crisis conditions in the industry as margins plunge due to weak demand. MINING.COM Staff Writer | July 8, 2022 | 8:44 am
Putin warns West: sanctions risk energy price spike catastrophe Leader said that continued use of sanctions against Russia could lead to catastrophic price rises on energy markets, hitting households across Europe with much higher prices for energy. Reuters | July 8, 2022 | 8:02 am
Dirty coal is keeping South Africa’s inflation in check South Africa’s reliance on coal to generate most of its power makes it an environmental pariah but it’s also helping keep inflation in check. Bloomberg News | July 8, 2022 | 7:43 am
The bears took control of the market, but refrained from gold Rising interest rates could continue to exert a downward pressure on the yellow metal for a while. Sunshine Profits | July 8, 2022 | 7:35 am
UN Women, Teck Resources provide Indigeous training in Chile through Originarias Program $3.8 million investment supports women and families in Northern Chile where Teck is building its QB2 project. Staff Writer | July 8, 2022 | 6:34 am
Microwaves efficiently extract manganese, zinc from spent batteries A distributed recycling system that uses microwave heating may be a more efficient mechanism for extracting metals from old alkaline batteries. Staff Writer | July 8, 2022 | 6:06 am
Mining People: Appian Capital, Aurania Resources, PolyMet Mining, Tintina Mines Key moves in the mining sector. Staff Writer | July 8, 2022 | 6:00 am
