Australia coal export terminal declares force majeure on flood The disruptions will further tighten the global coal market as importers scramble to replace shipments from Russia. Bloomberg News | March 10, 2022 | 7:49 am
Creditors of Vale-BHP venture Samarco suspend assembly to analyze new proposal Samarco, a joint venture between Vale and BHP, is considering making adjustments to the plan but not major changes. Reuters | March 10, 2022 | 7:39 am
Freeport-McMoRan plans aggressive copper investment in southwest US Copper’s rise to a record high has made old, low-grade mines economic again, CEO Richard Adkerson said. Bloomberg News | March 10, 2022 | 7:30 am
Mali forecasts industrial gold production of 64.1 tonnes in 2022 The country produced 63.4 tonnes of gold in 2021. Reuters | March 10, 2022 | 7:16 am
Kinross pours first gold at La Coipa mine in Chile It said is on track to ramp up to full production at the gold mine, located in the country’s northern Atacama region, by mid-year. Cecilia Jamasmie | March 10, 2022 | 6:16 am
How ‘leaky waves’ from ambient noise can reveal what lies underneath earth’s surface Researchers have improved the way of studying the geologic structures beneath earth's surface by using ambient noise. Staff Writer | March 10, 2022 | 6:06 am
Rio Tinto cuts ties with Russian businesses over Ukraine war The decision throws into doubt the future of Rio's aluminum joint venture with Rusal and an Irish refinery, key to Europe’s aluminum sector. Cecilia Jamasmie | March 10, 2022 | 3:45 am
Sibanye halts work at gold mines as workers begin strike Mining activities at Driefontein, Kloof and Beatrix mines were halted from Wednesday evening, except for essential services. Bloomberg News | March 9, 2022 | 5:30 pm
Peabody gets $534 million margin call on coal Peabody’s margin call is one of the flashiest examples of how the volatility sweeping commodity markets will slam companies that are holding wrong-way bets. Bloomberg News | March 9, 2022 | 5:02 pm