Freeport CEO sees banner years ahead after gains won in ‘battle’
CEO Richard Adkerson expects copper volumes to expand by 20% and gold by 70% next year, with rising outputs lowering costs.
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First Cobalt secures C$10m public funding for refinery
The refinery would become the sole producer of refined cobalt in North America.
Newcrest signs 15-year renewable power deal for Cadia
This deal is expected to deliver an approximate 20% reduction in Newcrest’s greenhouse gas emissions.
Karora shares up on new results in Western Australia
Company announced a a 334% increase in consolidated gold Proven and Probable Mineral Reserves for its Beta Hunt and Higginsville operations in Western Australia.
De Beers raises diamond prices for first time since pandemic
Prices increased by about 2% to 3% at the diamond giant’s final sale of the year last week.
SolGold faces rebellion from top shareholders
Mining heavyweights that backed the company and its huge Ecuadorian copper deposit are growing increasingly frustrated by the management’s decisions.
LME to forge ahead with plans to support sustainable metal production
The London Metal Exchange will roll-out by mid-2021 a digital register to store carbon related details of aluminum.
Polish coal boss warns of unemployment jump if mines close too fast
Poland generates most of its electricity from burning coal and is the only European Union state that has refused to pledge carbon neutrality by 2050.
B2Gold operations at Mali not affected by strike
The National Union of Malian Workers launched the general strike on Monday amid a standoff with the government over wages and working conditions.