BHP iron ore output drops 5% on maintenance work, labour crunch First quarter drop due to maintenance work at Jimblebar mine and labour shortages caused by covid-related curbs, the miner says. Reuters | October 18, 2021 | 2:49 pm
Copper spread widens to most in more than 25 years on supply squeeze The spread between cash and three-month futures surged to over $1,000 on the LME on Monday, a premium not seen since at least 1994. Bloomberg News | October 18, 2021 | 1:58 pm
No. 1 uranium miner backs physical fund in nod to robust demand Kazatomprom is backing a new uranium fund that aims to invest in the radioactive metal used to power nuclear reactors. Bloomberg News | October 18, 2021 | 1:51 pm
Thiel-backed Canadian lithium junior said to prepare Nasdaq listing Rock Tech Lithium is preparing a Nasdaq listing to broaden its investor base and help finance a $545 million battery metals plant in Germany. Bloomberg News | October 18, 2021 | 1:44 pm
S. African port operator Transnet restores some operations at Richards Bay after fire Richards Bay Bulk Terminal is Africa's largest coal export facility. Reuters | October 18, 2021 | 1:21 pm
Appetite for ‘green energy metals’ drives deals Demand for copper, nickel, lithium, and cobalt has risen sharply, driven by the global move to lower carbon emissions and electric vehicle makers chasing battery ingredients. Trish Saywell - The Northern Miner | October 18, 2021 | 12:22 pm
Iamgold updates progress at Côté gold mine, initial Gosselin resource The Gosselin deposit is estimated at 124.5 million indicated tonnes averaging 0.84 g/t gold for 3.35 million contained oz. Canadian Mining Journal Staff | October 18, 2021 | 11:40 am
Seabridge Gold appoints Lead Director John Sabine takes on the position to strengthen the independence of the board from management. MINING.com Editor | October 18, 2021 | 11:35 am
Biggest US coal miner surges as global energy crisis boosts demand Peabody's sales exceeded $900 million, the highest in seven quarters. Bloomberg News | October 18, 2021 | 10:20 am