July 23, 2021

Rerating: Top 50 mining companies double in value from covid low

MINING.COM’s ranking of the world’s 50 most valuable mining stocks marched to a new high of $1.47 trillion at the end of the second quarter.

July 23, 2021

Harte Gold stock jumps on new discovery near Sugar Zone mine

Channel sampling at the new discovery is underway, with initial results showing anomalous gold values of up to 4.4 g/t Au.

July 23, 2021

China iron ore price sees worst week in 17 months on steel curbs

China has stepped up efforts to reduce output of the construction and manufacturing material in line with its carbon emission reduction goals.

July 22, 2021

US steelmakers earnings leave investors pondering peak prices

Yet investors are clearly focused more on the outlook from Nucor Corp. and Cleveland-Cliffs Inc.

July 22, 2021

Cleveland-Cliffs’ record Q2 results marred by earnings miss

Cleveland-Cliffs reported record operating and financial metrics for the June quarter.

July 22, 2021

South America’s left turn is bullish copper, top miner says

Freeport-McMoRan chief Richard Adkerson says he plans to work with the industry in Peru to engage with the incoming government of Pedro Castillo.

July 22, 2021

Gold trader’s chat bragged about ‘how easy’ it is to manipulate prices

Former Deutsche Bank trader Edward Bases allegedly put out bids to buy gold futures valued around $244 million over the course of four-and-a-half minutes, with more than 98% canceled without…

July 22, 2021

Iron ore price plunges on China’s move to cut steel production

Iron ore price down 6% after Beijing tells steelmakers in some provinces to cut production with aims to keep Chinese annual output at 2020 levels.

July 21, 2021

US bankruptcy court holds Kyrgyz gov’t in contempt over Kumtor seizure

The Kyrgyz government’s ongoing legal actions against Kumtor Gold Company violates Chapter 11 protection.

July 21, 2021

Copper market in 75,000 tonnes deficit in Apr 2021 – ICSG

For the first four months of the year, the market was in a 69,000 tonnes surplus compared with a 110,000 tonnes surplus in the same period a year earlier.