Cobalt supply must double by 2030 to meet demand – Trafigura exec Total supply of cobalt in 2020 was 126,500 tonnes, according to consultancy Benchmark Mineral Intelligence. Reuters | June 16, 2021 | 9:53 am
Companies with $2.1 trillion of debt face natural capital risks Moody’s says companies in 12 sectors, including mining, oil and gas, and shipping, have “high” or “very high” exposure to natural capital risks. Bloomberg News | June 16, 2021 | 9:41 am
Nouveau Monde launches public offering, private placement to raise nearly $100m Net proceeds would be used towards the development of the Matawinie graphite property and li-ion battery anode plant. MINING.COM Staff Writer | June 16, 2021 | 9:19 am
One of only four 1,000 carat-plus diamonds ever found dug up in Botswana DeBeers-Botswana joint venture has recovered a 1,098 carat diamond from Jwaneng mine, the world’s richest diamond mine by value. Cecilia Jamasmie | June 16, 2021 | 8:50 am
Iron ore prices fall on increasing supply from miners Iron ore shipments from Australia and Brazil stood at 26.14 million tonnes last week, up by 1.1 million tonnes from the week earlier, data from Mysteel consultancy showed. MINING.COM Staff Writer | June 16, 2021 | 8:48 am
Rio Tinto to study using hydrogen in alumina refining in green push The Australian Renewable Energy Agency will provide half the funds for the $925,000 study. Reuters | June 16, 2021 | 8:39 am
Golden Bear discovery could be a ‘gamechanger’ for Osisko at Windfall The disovery hole hit the 6.7 metre interval of 27.4 g/t gold uncut (17.2 g/t gold cut to 100 g/t) at 503 metres depth. Canadian Mining Journal Staff | June 16, 2021 | 8:29 am
Large methane leak detected over South Africa coal mining region The cloud was spotted about 125 kilometers east of Johannesburg in an area where Sasol Ltd. has several coal mines. Bloomberg News | June 16, 2021 | 7:47 am
Serbia to become Europe’s no. 2 copper producer thanks to Cukaru Peki mine Zijin Mining's mine will have an initial average copper output of 91,000 tonnes a year, before reaching a peak of 135,000. Cecilia Jamasmie | June 16, 2021 | 7:39 am