Large gold miners contributed $38bn in GDP to local economies in 2020 — report
In 2020, WGC members made significant contributions to local economies.
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Iamgold releases infill results up to 69 g/t Au from Diakha-Siribaya in Mali
Iamgold has completed drill holes totalling 19,952 metres of diamond drilling and reverse circulation drilling this year.
Dalian iron ore price up on restocking demand
"China's steel demand is now bottoming out," said CreditSights in a note.
The Fed worries about inflation. Should we worry about gold?
It seems that the prospects of monetary tightening and higher real interest rates will continue to put downward pressure on gold prices.
Discovery Silver PEA for Cordero demonstrates potential Tier 1 asset with $1.2bn NPV
Cordero is considered to be one of the world’s largest undeveloped silver resources.
Osisko Mining raises $120m for Windfall, plans JV with Australia’s Northern Star
The two companies have agreed to negotiate the terms of a joint venture, allowing Northern Star to earn up to a 50% interest in the Windfall project.
Botswana’s Debswana diamond sales jump 73% in first nine months of 2021
The miner, a joint venture between De Beers and the Botswana government, sells 75% of its output to De Beers.
Copper price down on omicron uncertainty
"While the severity of the new variant remains a big uncertainty, it casts a shadow over demand growth in the near future and further complicates the supply chain," said ING.
The dirtiest fossil fuel in America has never been more expensive
US power plants are burning more coal amid a global shortage of natural gas.
