Osisko releases PEA on ‘highly profitable’ gold mine at Windfall in Quebec
The PEA outlines a 3,100 t/d underground mine with a process facility that would produce 238,000 gold oz a year over an 18-year life.
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Hungary triples gold reserves as central banks turn buyers again
On a monthly basis, Hungary’s purchase would be the biggest since June 2019.
Hudbay begins pit development at Pampacancha
Pampacancha is a high-grade satellite deposit located 4 km from the mill at Hudbay's Constancia mine in Peru.
China’s record steel futures boost iron ore prices
Chinese steel futures extended their rally in early trade to hit fresh peaks, boosted by strong domestic demand.
Sustainable investment group UNPRI reviews Liberty Mutual membership over Australian coal mine plan
The US insurer is backing a coal project in Australia that has drawn fire from community groups worried about climate change and pollution.
Teck signs zinc benchmark deals at $159/t with Glencore, Korea Zinc
Zinc miners have struggled to recover from disruptions caused by covid-19, causing extreme tightness in the concentrates market.
China is increasingly the outlier in building new coal-fired power: Russell
China commissioned 38.4 GW of new coal plants last year, more than offsetting the retirements achieved in the rest of the world.
Perth Mint’s March gold sales surge to highest since 2012
Sales of gold coins and minted bars jumped to more than 130,000 ounces in March, up 4.8% month-on-month and 39% from a year earlier.
Glencore’s KCC mine in Congo had acid spill on March 16
Glencore declined to say how much acid was spilled from the tank, but said KCC immediately contained the spill and conducted follow-up monitoring of the environment.