Indonesia says “ready to fight” EU at WTO over nickel export curbs
Indonesia banned ore exports last year to incentivise foreign investors to help develop a full nickel supply chain in the country.
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LME data to support end to open outcry is misleading, brokers say
Brokers say data the London Metal Exchange is using to support its proposal to shut its trading floor exaggerates the use of electronic platforms during coronavirus lockdowns.
Price surge abates but silver has more friends than ever
This month’s crowd surge on the silver market quickly dissipated after the price lost momentum above the $30-per ounce level and fell back just as sharply as it had risen.
Vale books hefty dam disaster charges, but bullish about core earnings
Company logged $4.9 billion in provisions related to the Brumadinho dam disaster in quarterly earnings.
Codelco reports bumper year for profits despite pandemic
Company upped output from its own mines by 2% in 2020 to 1.618 million tonnes, despite strict covid-19 measures.
Alrosa puts walnut-size diamond up for sale
The 242-carat diamond is one of the largest gem-quality ones mined by the Russian company since 2000.
Santacruz Silver to pay $20m for Zimapan mine in Mexico
The Canadian miner’s subsidiary signed a definitive agreement to acquire the asset from Industrias Peñoles.
Canada losing ground on new mining projects – report
The Mining Association of Canada says the total 10-year projected value of $82 billion for new projects remains nearly 50% below the 2014 level of $160 billion.
Scotgold shares fall on Cononish mine delayed ramp-up
The Scottish miner also said that slower than anticipated labour build-up and training will impact March production.
