Mining People: Dolly Varden, Mountain Province, Railveyor, Red Pine
Key moves in the mining sector.
Latest Stories
Iron ore price rally is over, prices to follow multi-year downtrend — report
In the longer term, Fitch forecasts prices to decline from an average $155 a tonne in 2021 to $65 a tonne by 2025 and $52 a tonne by 2030.
Output of S. African miner Gold Fields jumps 9% in Q3
The company produced 606,000 ounces of gold in the quarter at an average AISC of $1,016 per ounce.
After copper chaos, LME mulls rules to keep from running out of metal
The London Metal Exchange is considering whether it should sometimes block traders from withdrawing inventory from its warehouses.
Jwaneng mine recrush plant wins Golden Plant Award
The awards are part of Debswana, De Beers and Anglo American’s drive to improve the productivity and efficiency of their assets by achieving and exceeding global benchmarks.
The View from England: Fuse lit for American ironworkers
The average American born in 2021 will each need almost 3 million pounds of minerals, metals and fuels in their lifetime.
Guinea’s Nimba iron ore project seen as viable, but export concerns remain
The pre-feasibility study estimated total project development costs at $2.77 billion and direct capital costs for rail and port development in Liberia at more than $600 million.
Mining tycoon races to build world’s first ammonia-fueled cargo ship
Andrew Forrest said he aims to create the world’s first ammonia-powered ship before the end of next year.
Gold price: Don’t fret the small stuff
All in all, the outlook for the precious metals market is not bullish, even though the last several days/weeks might make one feel otherwise.
