Goldman sees copper price “breakout”, risk of “extreme scarcity episode”
New report says 2021 deficit, “open-ended decline” of mining supply and record low stocks going lower still, raises risk of an “extreme scarcity episode.”
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Serbians stage tent protest in push for nationwide lithium mining ban
Activists have pledged to camp outside the presidential building until a permanent halt to lithium exploration and mining is ordered.
Indonesia suspends operations of more than 1,000 miners
President Joko Widodo last month revoked the permits of more than 2,000 companies due to poor compliance.
Republican US senator presses Energy Department on seabed mining
Seabed mining is a new industry that backers say can supply many of the metals including nickel, copper, cobalt, and manganese.
Vale disappointment keeps Rio Tinto as world’s top iron producer
Vale was expected to overtake its main rival in the fourth quarter, but reported a disappointing 82.5 million metric tonnes of production.
Miners say Western Australia border closure may take further toll on labour, output
The state is home to mines that provide about 30% of the world's iron ore and 70% of China's imports.
The ECB awakens. Will gold feel the force?
Lagarde opened the door to an interest rate hike, which gave the European Central Bank a hawkish demeanor.
MICA launches cross-Canada call for project proposals
Proposals are sought for how to increase mine production at lower costs; how to reduce mining energy consumption and greenhouse gas emissions; how to implement smart, autonomous mining systems; and how to reduce environmental risk and long-term liabilities.
Aluminum rally spurs billionaire to weigh smelter expansion
Billionaire Kumar Mangalam Birla’s Hindalco Industries is evaluating expanding its aluminum capacity.