Iron ore price jumps as Fortescue, BHP and Rio Tinto face labour shortage

Mining stocks slid, with Fortescue down more than 4% from the previous week

MINING.COM Staff Writer | January 25, 2022 | 8:21 am

Indonesia’s coal ban sends prices soaring, other exporters fail to step up

High coal prices and the threat of resource nationalism point to a more worrying longer term future for seaborne coal in Asia, writes Clyde Russell.

Reuters | January 25, 2022 | 7:56 am

McKinsey pegs the price tag of a livable climate at $9.2 trillion a year

That’s at least $3.5 trillion more a year than the world is currently laying out for both low-carbon and fossil-fuel infrastructure.

Bloomberg News | January 25, 2022 | 7:42 am

Soldiers seize power in Burkina Faso, drawing international ire

Australian and Canadian miners are among the companies currently running gold operations in the African country.

Bloomberg News | January 25, 2022 | 7:39 am

UK local govt pension scheme “dismayed” at lack of action over Brazil dam collapses

Vale said last week it expected to spend $1.64 billion in 2022 on reparations related to the Brumadinho dam burst.

Reuters | January 25, 2022 | 7:28 am

Moody’s cuts Kyrgyzstan’s rating after gold mine nationalisation

Rating agency said decision to nationalise the Kumtor mine indicated weak governance and investment climate deterioration.

Reuters | January 25, 2022 | 7:25 am

Barrick Gold mines in Tanzania reach Tier One status

The mines, in Barrick's hands since late 2019, delivered a combined output of over 500,000 ounces of gold last year.

Cecilia Jamasmie | January 25, 2022 | 6:28 am

BHP, university researchers to explore four-dimensional controls on nickel mineral systems

BHP has partnered with three universities whose research is expected to challenge the current understanding of the nickel mineral system.

MINING.COM Staff Writer | January 25, 2022 | 5:05 am

Galantas Gold secures $1m loan to finish Irish mine

The fresh funds will be used for moving the Omagh gold project in Northern Ireland into production and for working capital, the company said.

Cecilia Jamasmie | January 25, 2022 | 4:03 am

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