查看更多>>摘要:Rising iron ore and coking coal prices have thrown a spanner in the works of German industrial conglomerate Thys senkrupp as it seeks to rebuild investor trust and to divest its massive but un-derperforming steel division. The manufacturer suspended its free cash flow guidance, and warned that its plan to spin out steel operations, in the wake of commodity market uncer tainty triggered by Russia's attack on Ukraine.
查看更多>>摘要:With a new CEO at the helm, Night-hawk Gold has been more aggressive in its exploration and increasing the possibilities of its Indin Lake gold pro ject in Northwest Territories in Canada. The company just released a re source update that saw a 121% jump in indicated open-pit contained ounces to 2 million ounces from 933,400oz as the resource increased to 46.4 million tonnes grading 1.38 grams per tonne.
查看更多>>摘要:Chaos could return to the London Metal Exchange with the prospect of a ma-jor player in early March's short-selling crisis said to be planning to physically deliver 100,000 tonnes of metal to the LME to cover his short position. In the blink of an eye, LME ware house nickel stocks could return to levels seen last September, driving the price down from its current near-record US$48,000 a tonne, perhaps back to $25,000/t - the price the day before the short sgueeze trapped Chinese nickel king Xiang Guangda, exposing him to a potential heavy loss.
查看更多>>摘要:Although recovering from the historic lows in January, financing by junior and intermediate exploration and mining companies in February was just half of what it was a year ago. According to the latest Industry Monitor' report from S&P Global Mar ket Intelligence (SPGMI), total financing completed by junior and intermediate companies (annual revenue less than US$500 million) was just US$1.05 billion in February.
查看更多>>摘要:Mako Mining has reported additional results from expansion drilling at its San Albino gold mine in Nicaragua, which indicate the potential for pit expansion along strike and downdip along the northerly extension of the West pit. The company reported a highlight of 2m grading 43.73 grams per tonne gold and 24.5g/t silver as the company sets up for an aggressive 2022 campaign as it seeks to realise its aim to double the size of its 500 tonnes per day operation.
查看更多>>摘要:Ambitious plans by Blackstone Minerals to manufacture precursor chemicals for the energy-storage industry come with more than the usual array of valuation uncertainties. Blackstone executives held a three hour virtual briefing for investors inearly March following release of a pre-feasibility study into the company's Ta Khoa nickel project in Vietnam.
查看更多>>摘要:Over the past few years, anything con-taining the words environment, social or governance was likely to attract a wall of money. In 2020, fund manag ers were describing the flow as a 'gold rush', and even by the middle of last year some 90% of equity-fund inflows in the UK were for ESG funds. Virtue seemed to have its own re ward, with ESG funds outperforming and analysts climbing over themselves to predict ever higher returns for green and ethical equities.
查看更多>>摘要:Corruption probes, murky deals in Africa, pollution and a less than ideal mine-safety record once provided a mainstay of stories about Glencore. But in the words of Bob Dylan: "The times they are a-changin." Reports about the company are increasingly about its green credentials and the fact it has the highest exposure to energy transition metals compared with any of the majors.
查看更多>>摘要:Surge Copper plans to undertake re gional exploration drilling this year near its Berg deposit in British Columiba, Canada, and at earlier-stage targets in low-elevation areas north of Berg, to test if there could be a cluster of porphyry centres in the north of the district, president and CEO Leif Nielson told Mining Journal. With up to 25,000m of drilling planned for this year, the results could begin to shift the centre of gravity of how it develops its Hucklebury project, which also includes the Ootsa deposit.
查看更多>>摘要:What comes after the boom? We all know the answer to that question, but just don't want to face it, yet, preferring to gawk at commodity prices soaring into the stratosphere, dragging mining company share prices with them. Copper at an all-time high of almost US$5 per pound. Nickel at $13.50/lb, al uminium at $1.74/lb, and iron ore back above $150 per tonne are prices that reflect the market alarming effects of Russia's war in Ukraine.