Strike drags down copper output at world’s top supplier Codelco
A 7.6% dip in the Chilean state company’s production from the third quarter of last year offers little relief for a tight global market.
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Iron ore price extends losses on China’s lower steel output
Metal prices dropped further on Friday on weak sentiment amid Beijing’s crackdown on coal prices and lower steel production.
World Copper closes $5.2 million financing, shares up
World Copper plans to use the net proceeds to advance exploration on its Escalones and Cristal properties in Chile.
Rare earth prices at decade-high amid supply tightness
A domestic shortage of rare earths is looming as China, which accounts for 70% of global production.
US coal miners are ‘sold out’ for 2022
Almost every lump of coal that US miners will dig out of the ground next year has already been sold.
Vale earnings disappoint with inflation adding to iron slump
While Vale produced more than analysts expected last quarter as part of an ongoing recovery from a 2019 tailings dam disaster, sales lagged production.
Vale to receive binding offers for coal business
Company has decided to divest of its Moatize asset in Mozambique.
Iamgold convoy attacked in Burkina Faso, several missing
The vehicles carrying Iamgold employees came under attack on the road between Dori and Essakane, where the company has its biggest operating mine.
South African mining deaths rise as safety worsens, lobby says
The number of deaths in the world’s top platinum-group metals miner rose to 55 between January and Oct. 28 this year, from 43 in the same period last year.
