Miners fear diesel price surge

Original article by Brad Thompson
The Australian – Page: 15 : 8-Apr-26

Listed gold producers Capricorn Metals and Ramelius Resources have indicated that the supply of diesel to their Australian mines has not yet been affected. However, Capricorn says diesel supply is a ‘material risk’ for the nation’s mining industry, while Ramelius has contingency plans in the event of fueld rationing or other supply restrictions. Meanwhile, Robex Resources says it has a 30-day supply of diesel at its Kiniero gold mine in Guinea; CEO Matthew Wilcox says supply chains have not been disrupted and the price of diesel in Guinea has risen by about five per cent since the Iran war began. Guinea imports all of its liquid fuels, and the nation does not have an oil and gas industry.

CORPORATES
CAPRICORN METALS LIMITED – ASX CMM, RAMELIUS RESOURCES LIMITED – ASX RMS, ROBEX RESOURCES INCORPORATED – ASX RXR

Leave a comment