Commodities surged across the board last week as the world imposed economic sanctions on Russia in response to its invasion of Ukraine, with the trend continuing into the second week of March.
Stanmore raising $694m en route to BHP coal buy
Stanmore Resources is putting the final touches on its acquisition of BHP’s 80 per cent interest in BHP Mitsui Coal (BMC) by launching an equity raise.
Yancoal, Whitehaven shares spike on record coal prices
Shares in Australia’s biggest coal producers have jumped in the past week as uncertainty hits global commodities amid Russia’s invasion of Ukraine.
Gold shines as exploration spend reaches new heights
Australian exploration companies are prioritising gold and copper but overlooking iron ore, according to new data from the Australian Bureau of Statistics (ABS).
Commodities most impacted by Ukraine invasion
Countries and jurisdictions across the world are imposing sanctions on Russia in light of its invasion of Ukraine, which is having a ripple effect on global commodities.
2022: The year Australia looked beyond China
China is not only the world’s biggest iron ore importer but also the leading consumer of coal, gold, copper, crude oil and even rare earths.
Booming coal prices boost weather-hit Whitehaven
Whitehaven Coal capitalised on skyrocketing coal prices in the December quarter as an especially cold Northern Hemisphere winter increased the demand for the resource.
Coal walk out continues as BHP sheds Cerrejón
BHP has continued its move away from thermal coal after completing its divestment of the Cerrejón thermal coal mine in Colombia.
New Hope maintains belief despite cloudy coal future
New Hope Group is buoyed by the steadfast demand for coal in Asia, which the company says will sustain its assets going forward.
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Coking coal miners seize the day
By Anthony Fensom.
Australia’s listed coal miners are back in the spotlight, with surging prices and merger and acquisition (M&A) deals providing a “generational opportunity” for growth.