Heavy rains put pressure on Brazilian iron ore shipments
Seasonal rains at the Ponta da Madeira port, Vale's iron ore and manganese loading terminal in the Northern System resulted in fewer shipments from Carajás.
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Biden’s EV plan throws fuel on already hot car-charging sector
Biden on Wednesday proposed spending $174 billion to promote EVs and increase the number of charging stations by 12-fold.
Kirkland Lake expects Detour to produce up to 900k oz annually by 2032
Technical report also forecasts average production of 680,000 to 720,000 oz. a year between 2021 and 2024, increasing to 800,000 oz. in 2025.
Red Chris resource from Newcrest confirms block cave potential
Measured and indicated resources contain a total of 13 million gold ounces and 3.7 million tonnes of copper.
Argonaut completes C$10 million placement with Ausenco
Argonaut has also provided a Magino construction update, which is proceeding on and ahead of schedule.
Osisko Mining hits high-grade mineralization at Windfall
One hole intersected 4.4 m grading 73.3 g/t Au from 702.6 m.
South Africa union seeks 15% wage hike from gold miners and Eskom
Gold producers have in the past argued that above-inflation wage hikes cannot be sustained unless prices also rise.
Fund bets $7.4bn on sustaining platinum price rally
After being in the doldrums for a decade, South Africa’s platinum miners are increasing payouts as they reap windfall profits from near-record prices.
Copper Mountain announces $250 million senior secured bond issue
The Vancouver-based company says it plans to use the funds to refinance all existing debt, and to advance its growth projects.