December 11, 2020

Zambia to buy gold from First Quantum to boost reserves

The nation's central bank will hold gold for the first time since 1995 as foreign-exchange reserves near record lows.

December 10, 2020

EV Metal Index on course for record year

MINING.COM EV Metal Index, which tracks the value of battery metals in newly registered passenger EVs surge 80% year on year.

December 10, 2020

Iron ore price goes parabolic after cyclone warning

World's largest iron ore export terminal is cleared of large vessels, exacerbating an already tight market.

December 10, 2020

Lucapa finds another +100ct diamond at Lesotho mine

The D-colour, Type IIa white diamond is the fourth larger than 100 carat recovered from the southern lobe of the Mothae mine.

December 10, 2020

Seabridge locks in $115.7 million for Snowfield buy

Funds raised more than cover Seabridge's $100 million acquisition of Pretium Resources' project in British Columbia.

December 9, 2020

Gold price slides amid vaccine roll-out

The resurgence of cryptocurrencies has also directed investors away from gold, JP Morgan says.

December 9, 2020

Zinc hits 19-month high amid supply worries, demand recovery

Zinc rallied to the highest since April 2019, lifted by concerns over falling Chinese production and as hopes for a US stimulus deal buoyed market sentiment.

December 9, 2020

Lundin Gold goes ahead with $18.6m Fruta del Norte expansion

The mine and mill expansion will take throughput from 3,500 to 4,200 tonnes per day over the 14-year life of the mine.

December 8, 2020

Big mining stocks make spectacular covid comeback

Early running was made by gold stocks, but large-scale diversified companies and base metal producers have now caught up as iron ore and copper prices rally hard.

December 8, 2020

US Steel to buy remaining Big River stake amid steel surge

U.S. Steel is exercising a call option and will use cash on hand to buy the stake for about $774 million.