US gold futures beginning to overcome coronavirus shock More than 400,000 December contracts representing over 40 million ounces of gold have been swapped this month for futures expiring in February. Reuters | December 2, 2020 | 9:58 am
Vale reduces 2020 iron ore output forecast Company expects to produce 300-305 million tonnes this year, missing a previously lowered 2020 target of at least 310 million tonnes. MINING.COM Staff Writer | December 2, 2020 | 9:27 am
Gold price rebounds on stimulus bets, weak dollar Gold registered its worst monthly performance in four years in November. MINING.COM Staff Writer | December 2, 2020 | 9:14 am
India court rejects restart of Vedanta copper smelter Country's top court has rejected Vedanta’s petition to restart for three months its shuttered smelter in the southern Tamil Nadu state. Bloomberg News | December 2, 2020 | 8:35 am
China coking coal surges as covid throttles Mongolia border Coking coal prices in China have soared to a four-year high after a new covid-19 outbreak slowed border crossings from Mongolia. Bloomberg News | December 2, 2020 | 8:10 am
Codelco estimates $210m impact from pandemic The world’s largest copper miner seeks to ensure all its divisions comply with the latest health protocols to stop the spread of covid-19. Cecilia Jamasmie | December 2, 2020 | 8:03 am
Lead hits 1-year high on mine disruption but oversupply looms Metal was the top performer among LME metals last month. Reuters | December 2, 2020 | 7:48 am
Research gets closer to making nuclear fusion power a reality A study conducted in Australia but funded by the US Air Force brings research one step closer to harnessing fusion power as a future energy source. MINING.COM Staff Writer | December 2, 2020 | 6:25 am
Sanatana Resources to acquire Solomon Islands gold project This week, the Solomon Islands Ministry of Mining granted Sanatana a letter of intent over the Sutakiki mineral tenure. MINING.COM Staff Writer | December 2, 2020 | 6:15 am