Gold price pulls back from 1-month high as dollar, yields fluctuate Gold’s inability to benefit substantially from weaker US yields suggested that it remains vulnerable to a further pullback, one analyst said. MINING.COM Staff Writer | July 16, 2021 | 8:53 am
Small miners aim for European supply chain for EV independent from China Growing demand for electric vehicles has spurred small-scale miners of the lithium, cobalt and rare earths. Reuters | July 16, 2021 | 8:05 am
Sandvik profit narrowly misses forecast, shares drop Company said daily order intake in its Manufacturing and Machining Solutions division grew roughly 20% year-on-year in the first two weeks of July. Reuters | July 16, 2021 | 7:49 am
Ganfeng to offer to buy Millennial Lithium for up to $280m Millennial has two non-producing lithium brine projects - Pastos Grandes and Cauchari East - in northern Argentina. Reuters | July 16, 2021 | 7:42 am
Tesla’s lithium extraction patent catches miners’ attention The EV manufacturer filed a patent for a process that allows for the selective extraction of lithium from clay minerals. MINING.COM Staff Writer | July 16, 2021 | 6:07 am
Bad weather may cost Rio Tinto its iron ore crown Company reported a 12% fall in quarterly iron ore shipments on Friday after storms affected its West Australian operations. MINING.COM Staff Writer | July 15, 2021 | 11:01 pm
Creditors of Brazil miner Samarco oppose restructuring plan Creditors said the plan's main goal is to protect Samarco's giant shareholders, Vale and BHP. Reuters | July 15, 2021 | 6:08 pm
Next mining supercycle will be different than any other — report Fossil fuels won’t be in the vanguard and the winners will be the industrial metals needed to electrify society, Wood Mackenzie says. MINING.com Editor | July 15, 2021 | 3:07 pm
Ecuador mining sector needs clear regulations to attract investment, industry group says Ecuador has abundant mineral reserves, but has lagged behind other Andean countries such as Peru and Chile in developing large-scale mining. Reuters | July 15, 2021 | 2:49 pm