Miner Turquoise Hill profit beats as production, prices surge
The company beat estimates thanks to increased production of copper and gold at its Oyu Tolgoi mine in Mongolia.
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BHP, Vale, Rio Tinto launch challenge to encourage haul truck electrification
The mining giants are joining forces in the Charge On Innovation Challenge to attract innovators to develop new concepts for large-scale haul truck electrification systems.
The Golden State: A closer look at mining in California
With roughly $4.7 billion worth of non-fuel minerals produced in 2020, California is one of the largest states for mining and the sole source of rare earth elements in the US.
Rising premium iron ore demand Quebec’s time to shine
Champion Iron says it is capitalising on the global pivot to using premium-grade iron ore to make steel.
Analysts not convinced the iron ore price run has legs
“High iron ore prices in early 2021 are unsustainable, but market fundamentals remain strong," says Moody’s senior VP Barbara Mattos.
Kinross aims for carbon neutrality by 2050
Kinross produced 558,777 gold-equivalent ounces (GEOs) in Q1, compared to 567,327 GEOs produced in the same quarter of 2020.
Teck donates C$500,000 to UNICEF Canada to support covid-19 response in India
This donation is part of Teck’s $20 million covid-19 Response Fund, supporting critical social initiatives and increased healthcare capacity in the communities in which Teck operates and globally.
Record gold output, but Hudbay posts loss in Q1
Despite strong metal prices, revenue fell to $313.6 million for the period, compared to $322,3 million for the last quarter of 2020.
Metso Outotec wins another pelletizing plant order in China
Metso Outotec has signed a contract with Beijing Shougang International Engineering Technology on the delivery of environmentally sound pelletizing technology for Yunnan Yuxi Yukun Iron and Steel Group Co.
