NorthWest Copper stock soars on British Columbia project drill results Drilling has returned the highest-grade Cu-Au interval ever intersected at the Kwanika deposit in BC. MINING.COM Staff Writer | October 27, 2021 | 9:14 am
Antofagasta to appeal US plan to block Twin Metals copper mine The company said the move by the Forest Service was "politically motivated and completely unnecessary." Reuters | October 27, 2021 | 8:45 am
Iron ore price retreats amid Chinese intervention to cool commodity prices "Steel supply is expected to be restricted continuously, iron ore demand will be dented in the long term," CITIC Securities analysts said in a note. MINING.COM Staff Writer | October 27, 2021 | 8:21 am
Buy a coal mine, get a bonus: Glencore makes fortune on Colombian deal With coal prices soaring, Glencore will get a "fat cheque" from revenues when the deal closes in 2022. Reuters | October 27, 2021 | 8:13 am
Acquisition-hungry Sibanye grabs stake in Australian zinc miner It has bought a 19.99% stake in New Century Resources, which owns a tailings zinc retreatment plant in Queensland. Cecilia Jamasmie | October 27, 2021 | 7:47 am
Zimbabwe miners losing 20% of export proceeds to exchange rate distortions Exporters are required to surrender 40% of their foreign currency earnings to the central bank, in exchange for local currency at the official rate. Reuters | October 27, 2021 | 7:26 am
Grupo Mexico net profit rises to $844m in third quarter The company also reported a 28.9% increase in revenue year over year, to $3.65 billion. Reuters | October 27, 2021 | 7:19 am
Rio Tinto to host world’s first carbon mineral storage hub near Iceland smelter Iceland-based Carbfix will use Rio Tinto’s land surrounding the ISAL smelter for onshore CO2 injection. MINING.COM Staff Writer | October 27, 2021 | 6:06 am
Equinox breaks ground at one of Canada’s largest gold mines The $1.23bn Greenstone Gold Mines project will produce more than 400,000 ounces of gold annually for the first five years of operations. Cecilia Jamasmie | October 27, 2021 | 5:29 am