The Silver Institute has forecast global silver demand to rise to a record 1.112 billion ounces in 2022 as traditional and green technologies increase its use.
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Mining equipment to see steady growth
The global mining equipment market is forecast to exceed $US90 billion ($125 billion) by 2027, as urbanisation demands more resources, according to Global Market Insights.
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Copper demand to double with decarbonisation: BHP
BHP president of minerals for the Americas Ragnar Udd has expressed his optimism for the growing copper demand in the future during the CRU World Copper Conference in Chile.
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Asian thermal coal demand to reach a billion tonnes a year
The Minerals Council of Australia (MCA) has stressed that Australia must adapt to emissions-reducing technology to meet growing seaborne thermal coal demand in the Asia Pacific region.
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Global rush for gold continues to surge
Global gold demand has continued to grow in the second quarter this year off the back of sustained central bank buying and growth in gold-backed exchange-traded funds (ETFs).
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NSW gas demand to fall and cause price shock
Domestic gas prices are predicted to rise sharply as a result of the increased export of LNG from Australian projects.
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Atlas Iron inks improved sales contracts for 2014
Atlas Iron has announced the signing of new supply contracts on improved terms, reflecting the strength of the iron ore market.
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Rio Tinto banking on stable iron ore prices
Rio Tinto boss Sam Walsh says iron ore demand will remain strong on the back of Chinese growth, urbanisation and supply constraints, with predictions the Asian power-house will require one billion tonnes by 2030.
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Gold production rises, price slide remains
Cost cutting and a move to higher grade ores has seen Australia’s quarterly gold production rise 4 per cent to 69.5 tonnes.
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Global uranium supply deficit bodes well for Wiluna project: Toro Energy
The company vying to develop Western Australia’s first uranium mine say uncertainty around the future supply of uranium places its Wiluna project in the perfect position to meet world energy demands.
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LNG spot price to rise as demand from China’s cold cities grows
Analysts predict winter gas shortages in northern China will continue until 2020, leading to increased demand for LNG and higher spot prices.
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More hard times for mineral sands sector
Mineral sand miners have been warned to prepare for a price plunge as demand continues to slide.
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Enter Western Desert Resources – Australia’s newest iron ore miner
Western Desert Resources will export its first shipment of iron ore from its $172 million Roper Bar mine in the Northern Territory just two years after lodging its first project approval.
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240 jobs to go as Caterpillar closes another manufacturing facility
240 people will lose their jobs in mid-2014 as mining equipment manufacturer Caterpillar continues to respond to slowing demand from the resources sector.
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Paladin Energy posts $40 million loss in September quarter
Perth-based uranium miner Paladin Energy has posted a $40 million September quarter loss despite recording an 11 per cent rise in production at its flagship operation.
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Rio and BHP submit plans to develop largest US copper mine
Rio Tinto and BHP are finalising plans to submit in the US which seek to develop one of the world’s largest copper deposits in a $US6 billion project.
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Honeymoon uranium mine goes into care and maintenance, 90 jobs cut
Uranium One has announced it will be closing its Honeymoon uranium mine in South Australia, with around 90 people set to lose their jobs.
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King Island tungsten mine could reopen creating 90 new jobs
King Island Sheelite is working towards reopening its open cut tungsten mine, with 90 jobs set to be created if the operation resumes production.
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Rio Tinto launches new diamond marketing strategy in China
Rio Tinto has launched its latest diamond marketing program in China, stating that the growth in volume from its Argyle mine will help meet Asia’s growing demand for the precious mineral.
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Uranium – the metal of tomorrow [Infographic]
Nuclear power is a clean energy source that will be used well into the future to help meet the world’s growing energy needs. Here we highlight uranium’s history, properties, and fundamentals moving forward.
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