‘Very tight’ copper belies market turmoil, industry leader says Prices for the bellwether commodity this year will average more than $4 a pound, said Diego Hernandez, head of Chilean mining society Sonami. Bloomberg News | September 29, 2021 | 8:57 am
South Africa’s rival unions unite in dispute over gold miner pay Collectively, they are asking for a monthly pay increase of 1,500 rand ($100) for workers in Sibanye’s gold mines. Bloomberg News | September 29, 2021 | 8:49 am
Botswana sells troubled state-owned mine to Canada’s Premium Nickel Resources PNR was awarded an exclusive right to undertake six months of due diligence on BCL, placed under liquidation in 2016. Reuters | September 29, 2021 | 8:41 am
Copper price falls on China power squeeze worries Copper prices will average more than $4 a pound this year, says Diego Hernandez, head of Chilean mining society. MINING.COM Staff Writer | September 29, 2021 | 8:15 am
Fortuna to add fifth mine to portfolio with construction of Seguela in Côte d’Ivoire Ground-breaking at the plant site is scheduled for next month, and the accommodations camp should be finished in November. Northern Miner Staff | September 29, 2021 | 8:01 am
Five gendarmes killed in attack on mining convoy in Mali Armed attacks by Islamist militants and other groups are common across vast swathes of Mali and its neighbours Burkina Faso and Niger. Reuters | September 29, 2021 | 7:41 am
Nornickel to stick with dividend policy in 2021, CEO says Company will stick with its policy of paying out 60% of core earnings in dividends for 2021. Reuters | September 29, 2021 | 7:38 am
Vale rescues all 39 workers trapped in Canadian mine Vale CEO Eduardo Bartolomeo said an investigation would be launched into what happened. Reuters | September 29, 2021 | 7:38 am
Uzbekistan may sell 10-15% stake in Navoi mining giant in 2024 The Navoi mining conglomerate accounts for 10% of Uzbekistan’s industrial output. Reuters | September 29, 2021 | 7:34 am