Nickel market eyes fate of Siberian metal as sanctions bite

Norilsk makes 17% of the world’s “Class 1” nickel, which is more suitable for batteries and can be sourced in large quantities from only a few other locations.

Bloomberg News | March 2, 2022 | 5:35 pm

Coal benchmark jumps 46% as Ukraine war stokes supply fears

Futures for high-quality thermal coal loaded on ships at Newcastle port in Australia jumped to $446/t Wednesday.

Bloomberg News | March 2, 2022 | 4:34 pm

Kinross Gold to suspend Russian operations

The company said in a statement it is suspending all activities at its Udinsk development project.

Reuters | March 2, 2022 | 4:21 pm

Austria’s Brixlegg launches low-carbon copper, seeks premium

Brixlegg copper has very low emissions because it is made using recycled metal as feedstock and hydropower for energy, the firm said.

Reuters | March 2, 2022 | 12:49 pm

Ukraine stays resilient, says Black Iron CEO as firm’s main shareholder increases stake

The Shymanivske project is 330 km southeast of Kiev and lies in the heart of central Ukraine’s KrivBass iron ore mining district.

Naimul Karim | March 2, 2022 | 12:48 pm

Copper, nickel prices spike as Europe scrambles for metal

Copper price hits 19-week high and nickel scales $25,000 for the first time since 2011 as European traders are forced to look as far afield as Malaysia for deliverable metal.

MINING.COM Staff Writer | March 2, 2022 | 11:49 am