KAZ sees earnings rise despite output dip
Company said copper output, which dipped to 306,000 tonnes in 2020 from 311,000 tonnes in 2019, was expected to slip further in 2021 to between 275,000 and 295,000 tonnes.
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Implats half-year profit surges, hikes dividend
The precious metals miner declared an interim dividend of 10 rand ($0.69) per share, compared with 1.25 rand in the year-ago period.
Deal for key metal in EV revolution brought bonanza for newcomer
A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known investor to make $40 million within weeks.
How high can copper price fly? this metals trader expects $12,000
Current prices would seem “far too low” if governments fulfill pledges for green infrastructure and electric-vehicle incentives, Concord Resources said.
Chinese broker Shanghai Dalu holds top long position in INE copper
The brokerage’s large bullish bets have startled some traders as prices for copper, widely used in power and construction, hit 9-1/2-year highs.
In Brazil, an indigenous woman joins Bolsonaro in fight for mining
Irisnaide Silva leads one indigenous group in the state of Roraima that defends mining diamond and gold in the Amazon.
Polyus Q4 net profit up 20% y/y on higher gold prices
Polyus said that it was on track to produce 2.7 million troy ounces of gold in 2021, down from 2.8 million ounces in 2020.
Nanotechnology platform to trace diamonds launched
Nano Innovator Holdings (NIH) has unveiled a prototype platform for end-to-end identification of rough and polished diamonds that uses nanotechnology.
Project to capture 90% of all spent Li-ion batteries in US gets government funding
The project is led by Everledger, HP, Call2Recycle and Fairphone.