Investors worth $10.2 trillion press global miners for indigenous engagement talks A group of investors has written to the boards of 78 mining companies to seek assurances about how they gain their social licence to operate. Reuters | October 29, 2020 | 11:03 am
Gold quarterly demand plummets to 11-year low Global demand fell 19% year-on-year to its lowest quarterly total since 2009. MINING.com Editor | October 29, 2020 | 10:40 am
BMO emerges as top mining M&A advisor for Q1–Q3 The firm advised on a total of 12 deals worth $4 billion for the first three quarters of the year. MINING.com Editor | October 29, 2020 | 9:51 am
Sibanye-Stillwater posts record Q3 profit on higher metals prices Group EBITDA soared 182% to $922 million in the quarter ended September, compared with a year earlier. Reuters | October 29, 2020 | 9:15 am
First Quantum sees no negative impact from potential Zambia default – CFO Zambia was struggling with its ballooning debt before the pandemic and looks headed for a messy and protracted default. Reuters | October 29, 2020 | 9:02 am
Election will decide fate of Alaska mine, electric cars Oil drilling in the Arctic and the Pebble gold mine in Alaska aren’t actually on the ballot -- but they might as well be. Bloomberg News | October 29, 2020 | 9:01 am
Vale nearly doubles net profit as output recovers Net profit for the three months through September climbed to $2.9 billion from $1.6 billion a year earlier. Reuters | October 29, 2020 | 8:56 am
Central banks sell gold for first time in a decade Overall bullion demand fell 19% year-on-year to the lowest since 2009 in the latest quarter. Bloomberg News | October 29, 2020 | 8:43 am
New coral species prized for mining potential Three species of black coral have been discovered on the seabed of the northern Pacific Ocean, an area where several countries have contracts to explore for metals including cobalt and nickel. Reuters | October 29, 2020 | 8:14 am