Peru central bank cuts growth forecast for 2021, sees tailwinds from rising copper price
The bank reduced expectations for growth in the key mining sector to 11% in 2021, down from an earlier prediction for a 14.4% expansion.
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Argonaut Resources starts drilling at project despite Aboriginal challenge
Miner started drilling at the Murdie project in South Australia, despite opposition from an Aboriginal group that says the project will damage a sacred area.
Australian coal exports disrupted as deluge shuts rails, slows port
Glencore said it has reduced output at some sites as a safety precaution.
Centamin 2020 profit soars on strong gold prices
The company, which operates Egypt’s sole gold-exporting mine, saw profits jump to $315m, almost doubling the $173m reported in 2019.
Volkswagen use of cobalt now more than Tesla
Adamas Intelligence data show that 18,750 tonnes of cobalt were consumed in the batteries of newly-sold passenger EVs globally in 2020.
Lithium extraction pilot plant planned at Clayton Valley
NeoLith Energy’s approach aims to reduce production time from over a year to weeks.
Botswana finds 11 diamonds at Thorny River project
Drill samples also show “abundant” kimberlitic indicators of the potential commercial quality of the South African project.
The bull and bear case for copper price
The bull and bear case for copper price.
Barrick reports strong financials in 2020
In its 2020 annual report, the mining giant said it now has one of the strongest balance sheets in the industry.
