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

Russian miners get kicked out of FTSE 100 index after selloff

Steel company Evraz Plc and gold miner Polymetal International will be removed from the blue-chip index as of March 21.

Bloomberg News | March 2, 2022 | 11:15 am

China moves to secure commodities rocked by Ukraine war

Government agencies have been ordered to push state-owned buyers to scour markets for materials including oil and gas, iron ore, barley and corn to fill any potential gaps.

Bloomberg News | March 2, 2022 | 10:15 am