Deal for key metal in EV revolution brought bonanza for newcomer

A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known investor to make $40 million within weeks.

Bloomberg News | February 25, 2021 | 9:03 am

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.

Bloomberg News | February 25, 2021 | 8:35 am

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.

Reuters | February 25, 2021 | 8:22 am

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.

Reuters | February 25, 2021 | 8:18 am

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.

Reuters | February 25, 2021 | 8:02 am

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.

Cecilia Jamasmie | February 25, 2021 | 6:27 am

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.

MINING.COM Staff Writer | February 25, 2021 | 6:13 am

Q4 2020 saw recovery in polished diamond prices – report

According to fintech company UNI, there are “reasons for optimism.”

MINING.COM Staff Writer | February 25, 2021 | 6:08 am

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.

Cecilia Jamasmie | February 25, 2021 | 3:56 am

First

Last

1 Week

1 Month

3 Months

6 Months

1 Year

5 Years

Historical

Create FREE account or log in

to receive MINING.COM digests