Newmont to extend Peñasquito mine life beyond 2040
Newmont will invest $10 million next year to build a pipeline of new exploration targets at Zacatecas, Mexico mine.
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Nevada Copper shares up on new financing package for Pumpkin Hollow
Package includes new cash resources of $31 million for completion of the ramp-up of the underground Pumpkin Hollow project in Nevada.
‘Green stimulus packages’ key driver for base metal demand, says analyst
“The path to economic recovery will be long and slow,” says Intl FCStone metals analyst Natalie Scott-Gray.
Gold price slides amid vaccine roll-out
The resurgence of cryptocurrencies has also directed investors away from gold, JP Morgan says.
One union at Centinela reaches deal, another in talks
The Minera Esperanza union entered government-mediated negotiations with Antofagasta in late November.
Fortescue expects robust demand for steel next year
Miner has kept this year's total production forecast at 175 million to 180 million tonnes.
Gold miners must ramp up renewable energy to meet climate goals – WGC
Gold sector emissions need to be reduced by 80% by 2050 to be aligned with the Paris Agreement.
Aurubis gives brighter earnings view as copper demand to rise
Europe's largest copper producer said it had suffered "no production limitations so far" from the pandemic.
Zinc hits 19-month high amid supply worries, demand recovery
Zinc rallied to the highest since April 2019, lifted by concerns over falling Chinese production and as hopes for a US stimulus deal buoyed market sentiment.
