Copper price keeps soaring as bullish sentiment prevails
Citigroup analysts have pinned the global copper deficit at about 500,000 tonnes starting this year.
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Golden quarter for Newmont, Barrick as high prices help profit beat
A 25% surge in gold prices last year has offered miners a lifeline following production disruptions due to the covid-19 pandemic.
Rio Tinto willing to negotiate Oyu Tolgoi agreement
Rio Tinto is open to replacing the underground development agreement with a new deal ratified by parliament, one of the sources said.
Biden to order review of US reliance on overseas supply chains for semiconductors, rare earths – CNBC
The White House plans to review gaps in domestic manufacturing and supply chains that are dominated by or run through “nations that are or are likely to become unfriendly or unstable,” CNBC reported.
Vale creates sustainability division
The division will be headed by Maria Luiza de Oliveira Pinto e Paiva, who until this month has been head of sustainability at Brazilian pulpmaker Suzano SA.
Barrick to ‘step back’ from Freeport after copper gain
Barrick says the window has closed on a potential deal with Freeport-McMoRan.
New Congo government should aid release of Kibali’s $500m, Barrick CEO says
The gold miner has been in discussions with Democratic Republic of Congo over the money for more than a year.
Pilbara Minerals half-year revenue soars as lithium market rebounds
Company reported a more than 56% jump in half-year revenue and pointed to bullish market conditions for lithium as its loss narrowed from a year earlier.
Harmony Gold flags higher HY earnings as bullion shines
Company flagged on Friday a rise in interim earnings of as much as 219%, driven by higher gold prices, greater output and foreign exchange gains.
