Mélissa Dardaine

Find all our EHS news, publications and events
April 27, 2022
Gold price slumps to two-month low as US dollar rallies

Gold price slumps to two-month low as US dollar rallies

Gold investors looking down. Stock image. [ Click here for an interactive chart of gold prices] Meanwhile, the dollar index charged to its highest level since January 2017, fuelled by expectations that the US central bank will be more hawkish than peers and safe-haven flows fanned by concerns over slowing growth in China and Europe. “There’s a flight to safety right now out of other currencies into US dollar… Gold is going to struggle to rally between now and the Fed meeting,” Bob Haberkron, RJO Futures senior market strategist, told Reuters . The Fed is expected to increase rates by 50 basis points at its May 3-4 policy meeting. “While the yellow metal’s prices have remained extremely resilient against an aggressively hawkish Fed, as a protracted war in Ukraine simultaneously raised both geopolitical uncertainty and inflation risks and thereby fuelled demand for havens, we see few participants left with […]

April 27, 2022
The Northern Miner Podcast – episode 288: A brief history of aluminum and Alcoa conference call highlights, ft CEO Roy Harvey and CFO Bill Oplinger

The Northern Miner Podcast – episode 288: A brief history of aluminum and Alcoa conference call highlights, ft CEO Roy Harvey and CFO Bill Oplinger

Aluminum rods. Credit: Alcoa. In this week’s episode we take a closer look at Alcoa’s earnings call and the subsequent stock price reaction downward. The call features Alcoa president and CEO Roy Harvey and CFO William F. (Bill) Oplinger , who discuss rising energy costs, leaving Russia, shipping challenges and ongoing environmental intiatives towards zero carbon smelters. All this and more with host Adrian Pocobelli . Music Credits: “Rattlesnake Railroad”, “Big Western Sky”, “Western Adventure” and “Battle on the Western Frontier” by Brett Van Donsel ( www.incompetech.com ). Licensed under Creative Commons: By Attribution 4.0 License creativecommons.org/licenses/by/4.0/

Click here to view original web page at www.northernminer.com

April 27, 2022
Brazil’s mining industry to invest $40.4 billion through 2026, association says

Brazil’s mining industry to invest $40.4 billion through 2026, association says

The Pedra de Ferro mine in Bahia state. (Image: Bahia Mineracao) Ibram associates include major miners, steelmakers, and fertilizer companies operating in Brazil such as Vale, Anglo American, Rio Tinto, Vallourec, Usiminas, Gerdau, and Yara International. The association said that 54% of the estimated investments would go to new projects, while the remaining 46% are seen being invested in ongoing projects. About 10% of the total amount is set to be invested in socio-environmental projects, it said. Top mining state Minas Gerais is expected to get more than $11 billion in the period, ahead of the $6 billion forecasts to be invested in the northeastern state of Bahia, Ibram said. Investments in iron ore were estimated at $13.6 billion, of which $7.7 billion would go to ongoing projects. Ibram also estimated that more than $5 billion are set to be invested in fertilizer projects in the five-year period, with […]

April 26, 2022
Nippon Paper Industries Announces Price Increase for Its Dissolving Pulp Products

Nippon Paper Industries Announces Price Increase for Its Dissolving Pulp Products

Nippon Paper Industries April 25, 2022 – Nippon Paper Industries announced that it will increase the price of all dissolving pulp products by 10% or more, beginning with shipments as of May 1. In a press release Nippon Paper Industries said the price hike is due to the global increase of raw fuel prices, logistics and labor costs. “Though we have worked thoroughly to reduce costs, we have decided to revise the prices because we cannot overcome all of these constraints. We will revise the prices as a raw fuel surcharge.” Nippon Paper Industries produces a wide range of products, including newspring, coated and uncoated paper, paperboard, pulp, lumber, chemicals and more. For further information, visit: www.nipponpapergroup.com . SOURCE: Nippon Paper Industries Co., Ltd. Paper Industry Newsletter Stay on top of paper industry news from around the world with PaperAge’s free weekly newsletter. Delivered every Thursday. Sign up today! […]

April 26, 2022
Industry News Markets Softwood lumber prices stabilize compared to previous week: Madison’s

Industry News Markets Softwood lumber prices stabilize compared to previous week: Madison’s

It was this week last year that construction framing dimension softwood lumber prices began their climb to the previously never seen, unbelievable historical highs. These remained for barely a few weeks before dropping, over a 6-month period, back way down to 2019 levels. This year that seeming peak might have been passed, and the drop much less drastic. If this current price correction hold, there will be a much-welcome stability both for producers and consumers of manufactured wood products. There have been so many unknowns to work through over the past couple of years, at this point the hope is that nothing new drastic happens to throw the forest industry into another turmoil. Madison’s view is that this stability is possible, barring dramatic events like wildfires or job action. Moderating downward in recent weeks, for the week ending April 15, 2022 the price of benchmark softwood lumber item Western […]

March 21, 2022
Total U.S. Printing-Writing Paper Shipments Increased Two Percent in February 2022

Total U.S. Printing-Writing Paper Shipments Increased Two Percent in February 2022

Total U.S. printing-writing paper inventory levels decreased one percent in February 2022 when compared to January 2022. March 16, 2022 – The American Forest & Paper Association (AF&PA) released the February 2022 Printing-Writing Monthly report. According to the report, total printing-writing paper shipments increased two percent in February compared to February 2021. U.S. purchases of total printing-writing papers increased seven percent in February compared to the same month last year. Total printing-writing paper inventory levels decreased one percent when compared to January 2022. U.S. purchases of uncoated free sheet (UFS) papers in February increased five percent compared to last February while the inventory level decreased two percent compared to January 2022. UFS imports and exports both decreased compared to January 2021, down 16 percent and 28 percent respectively. Coated free sheet (CFS) paper shipments increased eight percent compared to February 2021 while the inventory level increased one percent compared […]