Iron ore rises despite China’s moves to lower prices
Bank of America forecasts iron ore will average $172.2 a tonne this year; then $143.8 a tonne in 2022.
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It’s not over for coal as global prices surge on hot demand
Coal is seeing a dramatic spike in demand just as several major miners are hit with production problems, sparking a surge in prices from China to Europe and the US.
Western Uranium buys physical uranium
Western Uranium says the physical uranium purchase complements its Sunday mine complex production plans.
Russian banks to finance $7.8bn Siberia platinum mine
Russian banks VTB and VEB will provide Russian Platinum with financing for the development of the Chernogorskoye platinum group metals deposit.
RMI unveils set of rules to help miners fulfill ESG expectations
Companies are feeling increased pressure from shareholders and institutional investors to prioritize ESG factors.
Giga Metals’ Turnagain nickel project tests show potential for carbon neutrality
Preliminary testing carried out by the University of British Columbia shows the Turnagain nickel project has potential for significant mineral sequestration of CO2.
InoBat to build massive EV battery research and development center
The Slovak company said the main goal at the center will be to identify the optimum cell chemistries to meet the exact requirements of any vehicle maker.
Home: Indonesia’s nickel boom is a win for resource nationalism
Mined production last year was 771,000 tonnes, twice as much as the world’s second largest producer the Philippines.
Nordgold plans IPO, double listing in London and Moscow
The Russian gold miner is planning an initial public offering (IPO) of at least 25% of its existing shares in both bourses.
