Gold price rises with spotlight on Biden
Bullion extended its gains following Tuesday’s comments from Biden’s Treasury Secretary nominee Janet Yellen that weakened the dollar.
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China’s imports of Australian copper ore plunged to zero
China's imports of copper concentrate from Australia dried up completely in December amid tense bilateral relations.
China bought most iron ore from Australia, Brazil in 2020, but imports from India up nearly 90%
Almost two-thirds of India's iron ore exports to China had less than 58% iron content.
First Mining releases PFS on open pit development at Springpole
Over the 11-year mine life, average annual gold production is forecast at 287,000 oz.
Sabina grows Back River resources ahead of feasibility update
Updated measured and indicated resources now total 33.5 million tonnes at 5.8 g/t gold, for a total of 6.3 million gold oz.
BHP slashes value of Australian coal assets
Company cut the value of its Mt Arthur thermal coal mine in New South Wales by about $1.25bn, as it seeks to sell the asset.
NGOs file complaint before OECD, demand closure of Cerrejón coal mine in Colombia
The Cerrejón thermal coal mine is owned by BHP, Anglo American and Glencore.
US gives high priority status to Graphite One’s Alaska project
The Graphite Creek project is considered the highest grade and largest known, large flake graphite deposit in the US.
Antofagasta’s Los Pelambres expansion to cost an extra $400m
The project's cost is now pegged at $1.7 billion.