Global nickel surplus shrinks in January
The global nickel market surplus shrank to 8,400 tonnes in January from a revised surplus of 14,700 tonnes in the previous month.
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Rio Tinto endorses resolutions pushing for emissions cuts targets, lobby group pressure
Company said that it would endorse resolutions to set targets for cutting carbon emissions and take tougher measures against lobby groups that do not follow its climate change goals.
Boliden launches low-carbon copper products
The two copper cathode products will have less than half the average carbon dioxide emissions of traditionally mined copper.
Zijin posts record annual profit as gold, copper prices surge
Company profits rose 51.9% year-on-year in 2020, setting an annual record high.
Nexa takes stake in Tinka Resources
Nexa has acquired a 9% stake in Tinka, which is developing Ayawilca, one of the largest zinc projects in Peru.
Securing raw materials key to China’s economic, carbon neutrality goals – report
A report by Wood Mackenzie states that China needs to secure a competitive supply of raw materials to guarantee its clean growth.
Newcrest working with Australian gov’t following travel restrictions to PNG
The Melbourne-based miner said covid-19 cases at its Lihir operation are fully contained.
MINING PEOPLE: First Cobalt, NorthWest Copper, Sailfish Royalty, Solaris
Key moves in the mining sector.
Mining profits reach $230 billion a year, topped only by oil & gas, pharma
Report – mining majors adopted a conservative approach after the 2015–16 market downturn focusing on cost cutting, productivity and expanding liquidity.