Copper price scales $9,000 after Goldman calls it the new oil
Goldman Sachs sees prices averaging $11,000 per tonne over the next 12 months.
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PROK establishes new idler manufacturing facilities in Chile and Canada
The new facilities will service clients in North and South America and offer PROK’s full range of market leading idlers.
Ontario invests $6m in Mine Rescue Program to protect workers
Increased funding will promote workplace safety by strengthening rescue capacity at mine sites in the province.
Pan mine gold output trends up for Fiore
In the first three months of 2021, the Pan heap leach mine in Nevada generated 10,915 oz of gold, a 19% increase over the prior quarter.
Newmont, Barrick, Anglogold lost 1.3m ounces last year
After a sharp decline in 2020 gold output from the top 8 producers is expected to recover this year says GlobalData.
Anglo Pacific open to selling thermal coal royalties to boost ESG credentials
The London-listed company aims to decrease its reliance on coal and steel and attract a broader base of investors by adding more battery metals.
Denison stock rises on high-grade uranium discovery at McClean Lake
One drill hole completed in the 2021 program returned 5.04% eU3O8 over 14.0 metres.
Mountain Province’s Q1 marked by covid shutdown, rising diamond prices
Production at the company’s 49%-owned Gahcho Kué mine was severely curtailed by a covid-19 outbreak.
Serbia halts Zijin mine over environmental breaches
Government has ordered Zijin Mining Group to halt work at a shaft at the RTB Bor copper mine and to complete a wastewater treatment plant after it failed to comply with environmental standards.
