Copper price drop hammers mining stocks
Copper price wipes out all its 2021 gains with a 3% fall sending mining stocks skidding – Ivanhoe down 7.5%, First Quantum 6.4%.
Latest Stories
Azimut eyes Patwon gold zone expansion in Quebec
Company is starting off 2021 with a 15,000-metre drill program at its Elmer property, 285 km north of Matagami in Quebec’s James Bay region.
Alamos extends Island Gold zones
Underground drilling at the Island Main zone, completed off of the 840-level exploration drift, expanded high-grade gold mineralization by up to 200 metres to the east of existing reserves, in a 300-metre gap between reserves
Fiore reports oxide gold intervals from Gold Rock in Nevada
The drill highlights include 18.3 metres of 0.84 g/t gold starting at 170.7 metres.
Northern Dynasty stock surges as it releases Pebble appeal details
It has received additional support from the State of Alaska, which has also submitted a request to appeal to the USACE.
Fresnillo shares drop on lower gold output forecast
Mexico's largest gold producer said a land slip in the Noche Buena project last year resulted in limited access to mining in deeper areas.
Grupo Mexico posts $2.3bn profit in 2020
During the fourth quarter, production of copper and silver grew - up 2.4% and 22.9%, respectively - compared to the year-ago period.
China fails to learn from Trump backfire in trade war, is losing against Australia
Australia has managed to ship more coal to other regional consumers, such as India, Vietnam and Thailand.
Copper union digs in for just reward at Antofagasta’s prize mine
Talks at Los Pelambres are the latest in a slew of collective bargaining at Chilean mines, which account for a quarter of the world’s copper.
