Zijin posts record annual profit as gold, copper prices surge
Company profits rose 51.9% year-on-year in 2020, setting an annual record high.
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Nexa takes stake in Tinka Resources
Nexa has acquired a 9% stake in Tinka, which is developing Ayawilca, one of the largest zinc projects in Peru.
Securing raw materials key to China’s economic, carbon neutrality goals – report
A report by Wood Mackenzie states that China needs to secure a competitive supply of raw materials to guarantee its clean growth.
Newcrest working with Australian gov’t following travel restrictions to PNG
The Melbourne-based miner said covid-19 cases at its Lihir operation are fully contained.
MINING PEOPLE: First Cobalt, NorthWest Copper, Sailfish Royalty, Solaris
Key moves in the mining sector.
Mining profits reach $230 billion a year, topped only by oil & gas, pharma
Report – mining majors adopted a conservative approach after the 2015–16 market downturn focusing on cost cutting, productivity and expanding liquidity.
Massive new port could give Vale back iron ore crown
A project for a dedicated iron ore port with a capacity of up to 560 million tonnes per year is advancing in the north of Brazil.
Teck aims for carbon neutrality by 2050
According to its 2020 sustainability report, Teck aims to have its Chilean operations fully running on clean energy by 2030.
US looks to Canada for minerals to build electric vehicles
The US government is working to help American miners and battery makers expand into Canada, part of a strategy to boost regional production of minerals used to make electric vehicles and counter Chinese dominance.
