MINING.COM MINUTE: Biggest stories of the week
Mining profits reach $230 billion a year, topped only by oil & gas, pharma; Lithium prices continue to soar – up 88% in 2021; Massive new port could give Vale back iron ore crown.
Latest Stories
The world will need 10 million tonnes more copper to meet demand
The copper industry is set to face an annual supply deficit of 4.7 million tonnes by 2030, CRU Group estimates.
Investors flock back to lithium as battery bust turns to boom
Investors are betting big on a lithium comeback less than three years after prices of the metal used in rechargeable batteries collapsed.
Gold miners’ Q4 2020 fundamentals
Major gold miners’ Q4 results revealed their best quarter ever per multiple key fundamental benchmarks.
Home: Aluminum rattled by signs of “green” disruption in China
Shanghai aluminum prices have this week powered to their highest level since August 2011.
New Gold acquires 14.9% interest in Harte Gold
The investment price represents a 15% premium over the 20-day VWAP of Harte Gold's common shares.
Copper price slides as US bond yields jump
Yields on the US benchmark 10-year Treasuries soared to more than 1.75% a day after the US Federal Reserve projected the strongest growth in nearly 40 years.
Israel pushed Trump officials to lift sanctions on Dan Gertler
The Trump administration’s controversial move reportedly came after repeated requests from Israeli officials, who said he was a vital national security asset.
Northam Platinum sets out five-year output growth plan after profit bonanza
Northam said the dollar basket price of the main minerals it mines surged by nearly 50%.
