Report shows Mexico went nearly 600% overbudget in 2021 energy spending

A congressional report indicates that Mexico’s public spending on energy in 2021 soared well beyond the approved amount with extraordinary support to national oil company Pemex cited as the primary reason.

Tuesday, May 31, 2022

Transnet increasing rail and port capacity allocation for emerging miners

Transnet increasing rail and port capacity allocation for emerging miners

Tuesday, May 31, 2022

US HRC: Prices remain under pressure

US hot rolled coil (HRC) prices continued their five week decline, weighing on demand along with short lead times and ample supply.

Monday, May 30, 2022

Nucor to take weeklong outage at Gallatin

Electric arc furnace (EAF) steelmaker Nucor will take its Ghent, Kentucky, mill down for a week to integrate an expansion into the mill.

Monday, May 30, 2022

South Africa needs $250bn to transition away from coal

South Africa, the world’s thirteenth-biggest source of greenhouse gases, will need to spend $250-billion over the next three decades closing down its coal-fired power plants and replacing them with green energy, according to a study.

Monday, May 30, 2022

Seriti wholeheartedly backs continued use of coal in energy mix

Recent developments in the global energy landscape have seen a rise in environmental, social and governance pressures on coal and calls for an “all or nothing” approach to the long-term future of coal, which coal miner Seriti Resources CEO Mike Teke said is ...

Monday, May 30, 2022

Poor infrastructure, market concentration blamed for maritime transport crisis

Poor port infrastructure and high concentration in the shipping market have contributed to the current crisis in maritime transport, which has become a driver for inflation globally, according to the senior VP of the International Federation of Freight Forward...

Monday, May 30, 2022

In focus: Chile's mining vision for 2022-23

A third of the investments correspond to state copper miner Codelco and national mining company Enami and the rest to the private sector, according to the mining ministry’s latest annual presentation of its program.

Monday, May 30, 2022
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