A giant copper union joins push for bigger state role in Chile The FTC, which brings together unions at Chile’s state-owned copper producer Codelco, wants privately-run mines to pay 75% of earnings in tax. Bloomberg News | June 18, 2021 | 1:01 pm
As copper plunges, Appian bets on shortages from electrification The private equity fund is ramping up a new mine in Brazil’s northeastern region. Bloomberg News | June 18, 2021 | 12:58 pm
Gold price on track for biggest weekly loss in 15 months Bullion is heading for its biggest weekly drop in over a year, weighed down by concerns over tighter monetary policy as soon as 2022. MINING.COM Staff Writer | June 18, 2021 | 12:03 pm
GoldSpot AI to search for lithium, tantalum targets in Quebec GoldSpot's algorithms distil all available geological information to identify the most efficient way to explore. Henry Lazenby | June 18, 2021 | 11:54 am
China coking coal retreats after govt pledges to probe into prices Other steelmaking ingredients also ended lower. Reuters | June 18, 2021 | 11:52 am
FOMC sees two rate hikes in 2023. Gold didn’t like it! The newest Fed’s statement and dot-plot indicated a much more hawkish tone among the FOMC members than the markets expected, and gold dropped. Sunshine Profits | June 18, 2021 | 10:34 am
Hochschild says 27 workers killed in Peru bus accident The bus was transporting workers from Hochschild's Pallancata operation to the city of Arequipa in the south of Peru. Reuters | June 18, 2021 | 10:20 am
Fed’s gold futures purge Gold was crushed this week following the latest Federal Open Market Committee decision. Adam Hamilton - Zeal Intelligence | June 18, 2021 | 10:16 am
Iron ore price retreats on news of further restrictions in China China's state planner said on Friday that it had jointly launched an investigation into coal prices with the market regulator and will crack down on speculation and hoarding. MINING.COM Staff Writer | June 18, 2021 | 9:44 am