It’s not over for coal as global prices surge on hot demand

Coal is seeing a dramatic spike in demand just as several major miners are hit with production problems, sparking a surge in prices from China to Europe and the US.

Bloomberg News | June 3, 2021 | 7:34 am

RMI unveils set of rules to help miners fulfill ESG expectations

Companies are feeling increased pressure from shareholders and institutional investors to prioritize ESG factors.

Cecilia Jamasmie | June 3, 2021 | 7:09 am

Home: Indonesia’s nickel boom is a win for resource nationalism

Mined production last year was 771,000 tonnes, twice as much as the world’s second largest producer the Philippines.

Reuters | June 3, 2021 | 5:38 am

Nickel price: Fitch upgrades forecast on long-term uptrend

Rising near-term supplies are the primary driver for a bearish 2021 price outlook.

MINING.com Editor | June 2, 2021 | 10:02 am

Coal India’s $5 billion wage bill set to rise amid rocky outlook

The world’s biggest coal miner is about to enter negotiations with trade unions over potentially hefty pay hikes at a time when the global push for clean energy is putting the industry’s future into doubt.

Bloomberg News | June 1, 2021 | 10:45 pm

Centerra’s Kyrgyz units seek bankruptcy protection over Kumtor mine expropriation

Centerra expects bankruptcy proceedings to prevent further efforts by Kyrgyzstan to strip Kumtor Gold of its assets.

Cecilia Jamasmie | June 1, 2021 | 3:58 am

Indonesian gold miner Archi Indonesia plans IPO

Archi Indonesia, which operates two gold mines on Sulawesi island, is a unit of Indonesian conglomerate Rajawali Corp.

Reuters | May 31, 2021 | 9:09 am

Logjams at Malaysian warehouses exacerbate aluminum shortages

Bottlenecks at London Metal Exchange registered warehouses in Malaysia owned by metals storage firm ISTIM UK are adding to the difficulties aluminum consumers in the United States and Europe face in getting the metal they need.

Reuters | May 31, 2021 | 7:46 am

World’s third-largest pension fund to limit coal-linked investing

South Korea's state pension fund will limit investing in industries related to coal mining and coal-fired power.

Cecilia Jamasmie | May 28, 2021 | 3:55 am

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Copper price back below $9,000 on weak China industrial activity

Sumitomo Metal plans 11% cut in full-year copper output

Mitsui Mining expects H1 zinc output falling 4.7% y/y

OPEC+ makes shock million-barrel cut in new inflation risk

Barrick Gold replaces gold reserves, remains on track to execute 10-year business plan

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