MINING.COM MINUTE: Biggest stories of the week
US court upholds miners’ rights to explore on federal lands; Nordgold submits off-market bid for Cardinal in takeover war, Over $1 trillion needed for energy transition metals...
Latest Stories
Gold sales in India’s festival quarter seen weakest since 2008
Still, demand will fare better than the first nine months of the year, when it suffered after India imposed one of the world’s strictest lockdowns.
McEwen gets back on track in Q3
Total output for Q3 2020 was 23,100 gold ounces and 575,000 silver ounces.
Codelco reports 86% leap in profits to September
Adding in production from its stakes in El Abra and Anglo American Sur, Codelco's total production rose to 1.243 million tonnes to September.
Anglo American CEO says not responsible for lead poisoning in Zambia
South African law firm Mbuyisa Moleele and UK-based Leigh Day filed the class action suit last week on behalf of what they say is estimated to be more than 100,000 individuals.
China’s aluminum juggernaut may be running out of road
China’s giant smelter sector churned out an average 105,000 tonnes per day in September, with year-to-date production up 3.3% on 2019.
Rio Tinto invests $51m in Canadian alumina refinery
Upgrades, to be completed in early 2021, include three new energy efficient buildings and a centralized control room.
Vale expects stronger iron ore sales in fourth quarter
Company said recovered inventories in China will give the producer more flexibility on sales going forward.
Wallbridge advances Fenelon project in Quebec
The company is looking to spend about 10-15% of next year’s budget on its regional assets.