November 10, 2020

Gemfields attempts to mitigate virus effect with mini-auctions

The emeralds and rubies miner doesn't know when it might be able to host its next auction, or generate meaningful revenue from sales, due to the “severe” impact of covid-19…

November 9, 2020

Iron price jumps as Chinese imports continue at record pace

China on track to import 1.2 billion tonnes of iron ore in 2020 as steelmakers upgrade plants to avoid winter production disruptions.

November 9, 2020

Troilus buys back royalty from First Quantum, raises C$20m

Company has entered into a definitive agreement to buy back a sliding 2.5% net smelter royalty on 81 mineral claims and one mining lease from First Quantum.

November 9, 2020

KAZ Minerals shareholder RWC Partners to vote against buyout offer

The take-private deal is subject to court approval and a shareholder vote in December or early January.

November 9, 2020

Gold price tumbles on covid vaccine breakthrough

Gold prices plunged 5%, the biggest single-day slide since August, on optimism of an imminent vaccine.

November 9, 2020

UK court blocks lawsuit against BHP over Brazil dam burst

Case was the largest group claim in English legal history.

November 9, 2020

JX Nippon buys partner’s stake in Caserones copper mine

Move comes as partner Mitsui & Co. put up for sale its 22.63% stake in the loss-making mine and posted a $67 million loss from the Chile operation.

November 7, 2020

Chinese exports growth accelerates in October, imports rise

Imports, on the other hand, slowed surprisingly, due to the moderation of crude oil and coal imports.

November 6, 2020

Copper price jumps as China turns away Australian concentrate

Copper within sight of June 2018 peak. Australian trader: "If you had a ship full of concentrate floating offshore, you’re rapidly trying to find a home.”

November 6, 2020

MINING.COM MINUTE: Biggest stories of the week

China to expand ban on Australian imports to copper; Rio Tinto closes Argyle diamond mine after 37 years; Tanzania finalizing permit for its first rare earth mine