Iron ore prices fall on increasing supply from miners
Iron ore shipments from Australia and Brazil stood at 26.14 million tonnes last week, up by 1.1 million tonnes from the week earlier, data from Mysteel consultancy showed.
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Rio Tinto to study using hydrogen in alumina refining in green push
The Australian Renewable Energy Agency will provide half the funds for the $925,000 study.
Golden Bear discovery could be a ‘gamechanger’ for Osisko at Windfall
The disovery hole hit the 6.7 metre interval of 27.4 g/t gold uncut (17.2 g/t gold cut to 100 g/t) at 503 metres depth.
Large methane leak detected over South Africa coal mining region
The cloud was spotted about 125 kilometers east of Johannesburg in an area where Sasol Ltd. has several coal mines.
Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine
Zijin Mining's mine will have an initial average copper output of 91,000 tonnes a year, before reaching a peak of 135,000.
Fading ETF purchases will limit gold demand rise, Metals Focus says
Demand for gold from jewellers and central banks will recover in 2021 but remain below pre-pandemic levels, while buying of bullion by exchange traded funds will fall sharply, consultants said.
Aluminum industry faces big decarbonization challenges — report
An analysis by Wood Mackenzie states that aluminum’s role in the green economy may be dampened by the industry’s steep road to secure low-carbon power.
Weak emission standards may lead Europe to risk €27bn in battery investments — report
According to the European Federation for Transport and Environment, weak CO2 standards give carmakers little incentive to increase the sales of electric cars until 2030.
Sierra Metals granted key permit for Peruvian expansion
It allows the company to boost throughput by 20% to 3,600 tonnes/day at its flagship Yauricocha copper mine.
