November 20, 2020

MINING.COM MINUTE: Biggest stories of the week

Gold price to hit $2,300 next year on inflation risks, zinc price soars as Vedanta halts Gamsberg mine after accident, Dominion Diamond Mines to restart Ekati.

November 20, 2020

Zinc price soars on supply squeeze even as stealth stocks build

LME three-month zinc hit a fresh 18-month high of $2,793 per tonne on Friday and is even outperforming high-flying copper.

November 20, 2020

Biden easing up on Cuba would boost Canadian miner, CEO says

Sherritt was pushed to the brink during Trump’s tenure; its market value sunk to a record $22.8 million in March.

November 20, 2020

Rio Tinto’s new aluminium alloys promise to support recycling by die casters

The mining giant’s new alloy series has been developed for high pressure vacuum die casters to mix with their own scrap and recycled cleaned crushed wheels.

November 19, 2020

Barrick, Sandvik partner for BEV truck trials at Turquoise Ridge

During a three-year production trial, Sandvik will deploy four Artisan Z50 BEV trucks at the Turquoise Ridge gold mine in Nevada.

November 19, 2020

Ambler JV approves $27 million for Alaska project

The UKMP project has a combined resource of 8 billion pounds of copper, 3 billion pounds of zinc and 1 million ounces of gold equivalent.

November 19, 2020

Barrick joins exclusive Canada club with big cash hoard

Barrick has seen its cash position swell amid surging gold prices.

November 19, 2020

KGHM sees output continuing despite the pandemic

Company said while there was a risk of closing some mines or smelters, overall production would continue.

November 19, 2020

Egypt awards 11 companies concessions in mining bid round

Among the companies awarded concessions were Centamin, B2Gold and Barrick Gold.

November 19, 2020

Glencore to expand McArthur River despite sacred sites authority veto

The Northern Territory approval would allow Glencore to double the size of the mine and extend its productive life until 2048.