How high can copper price fly? this metals trader expects $12,000
Current prices would seem “far too low” if governments fulfill pledges for green infrastructure and electric-vehicle incentives, Concord Resources said.
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Chinese broker Shanghai Dalu holds top long position in INE copper
The brokerage’s large bullish bets have startled some traders as prices for copper, widely used in power and construction, hit 9-1/2-year highs.
In Brazil, an indigenous woman joins Bolsonaro in fight for mining
Irisnaide Silva leads one indigenous group in the state of Roraima that defends mining diamond and gold in the Amazon.
Polyus Q4 net profit up 20% y/y on higher gold prices
Polyus said that it was on track to produce 2.7 million troy ounces of gold in 2021, down from 2.8 million ounces in 2020.
Nanotechnology platform to trace diamonds launched
Nano Innovator Holdings (NIH) has unveiled a prototype platform for end-to-end identification of rough and polished diamonds that uses nanotechnology.
Project to capture 90% of all spent Li-ion batteries in US gets government funding
The project is led by Everledger, HP, Call2Recycle and Fairphone.
Q4 2020 saw recovery in polished diamond prices – report
According to fintech company UNI, there are “reasons for optimism.”
Anglo American ended 2020 stronger than expected
The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the year.
Lundin sees Argentine gold and silver mine opening in 2026
If San Juan province approves an environmental study this year, construction of the mine will begin in 2022.
