Copper price gains as world’s biggest mine preps for strike
“Dr. Copper is supposed to give a good reading of how the economy is doing, and I think we are in limbo phase right now,” said WisdomTree analyst Nitesh Shah.
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China Moly commits $2.5 billion to double Tenke Fungurume copper, cobalt output
Project at the Congo-based mine, one of the world’s largest copper-cobalt deposits, is expected to be completed in 2023.
Illegal gold represents 17% of Brazil’s exports — study
In 2020, Brazil exported 111 tonnes of gold, 19 of which were mined without licences, Instituto Escolhas reports.
Union at Escondida mine in Chile asks members to prepare for strike
More than 2,000 union members rejected owner BHP Group Ltd's latest contract offer at the end of last week.
Peruvian miners open to discussing modifications to tax stability agreements
A new administration led by Pedro Castillo, an elementary school teacher, is seeking to increase taxes on miners to fund social programs.
Revival Gold stock up on drill results at Beartrack-Arnett in Idaho
Two core holes have been completed to-date on the Joss high grade gold target.
Platinum price slumps to 7-month low as virus spread saps demand
The metal used in catalytic converters fell for a third day as the spread of the delta strain punctures the narrative of a rapid global recovery.
MP Materials swings to quarterly profit on rising rare earths prices
The company reported second-quarter profit of $27.2 million.
Rio Tinto’s Holden mine remediation leads to land conservation in Washington State
The Holden mine has been closed since the 1950’s. Rio Tinto assumed financial responsibility for remediation when it acquired Alcan.