World Bank sees slow commodities recovery after virus hit
Bank expects metals and agriculture will continue to see modest price gains in the coming year, at 2% and 1% respectively.
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MINING PEOPLE: Cross River Ventures, Fabled Silver, Hycroft Mining, Nickel Creek Platinum
Key moves in the mining industry.
Indonesia president orders ministers to target lower exports of raw coal
The world's biggest thermal coal exporter should quickly develop a local industry to upgrade, liquefy and gasify its coal, Joko Widodo said.
Global copper production to increase in 2021 after two years of declines: ICSG
ICSG estimates a deficit of about 50,000 tonnes of copper this year and a surplus of about 70,000 tonnes in 2021.
Antam mulls boosting stake in biggest nickel deposit owner
The Indonesian state-owned miner has reached out to investment banks to discuss a potential stake purchase from Tsingshan.
Aurubis optimistic on earnings despite covid-19
Europe's largest copper producer, expects to achieve its earnings forecast this year despite the economic damage from the coronavirus crisis, its CEO said on Friday.
Biden campaign tells miners it supports domestic production of EV metals
Biden supports bipartisan efforts to foster a domestic supply chain for lithium, copper, rare earths, nickel and other strategic materials.
Copper wins LME Week beauty parade – Andy Home
Copper’s new green credentials are being reinforced by robust current market dynamics as China soaks up the rest of the world’s excess metal.
Investors will hoard gold even faster next year, keeping prices high – Refinitiv
Demand for gold from jewellers and central banks will remain sharply lower in 2021 than before coronavirus, company said.
