World Bank sees slow commodities recovery after virus hit Bank expects metals and agriculture will continue to see modest price gains in the coming year, at 2% and 1% respectively. Bloomberg News | October 23, 2020 | 10:05 am
MINING PEOPLE: Cross River Ventures, Fabled Silver, Hycroft Mining, Nickel Creek Platinum Key moves in the mining industry. Canadian Mining Journal Staff | October 23, 2020 | 9:56 am
Indonesia president orders ministers to target lower exports of raw coal The world's biggest thermal coal exporter should quickly develop a local industry to upgrade, liquefy and gasify its coal, Joko Widodo said. Reuters | October 23, 2020 | 9:56 am
Global copper production to increase in 2021 after two years of declines: ICSG ICSG estimates a deficit of about 50,000 tonnes of copper this year and a surplus of about 70,000 tonnes in 2021. Carl A. Williams - The Northern Miner | October 23, 2020 | 9:52 am
Antam mulls boosting stake in biggest nickel deposit owner The Indonesian state-owned miner has reached out to investment banks to discuss a potential stake purchase from Tsingshan. Bloomberg News | October 23, 2020 | 9:38 am
Aurubis optimistic on earnings despite covid-19 Europe's largest copper producer, expects to achieve its earnings forecast this year despite the economic damage from the coronavirus crisis, its CEO said on Friday. Reuters | October 23, 2020 | 9:37 am
Biden campaign tells miners it supports domestic production of EV metals Biden supports bipartisan efforts to foster a domestic supply chain for lithium, copper, rare earths, nickel and other strategic materials. Reuters | October 23, 2020 | 9:04 am
Copper wins LME Week beauty parade – Andy Home Copper’s new green credentials are being reinforced by robust current market dynamics as China soaks up the rest of the world’s excess metal. Reuters | October 23, 2020 | 8:49 am
Investors will hoard gold even faster next year, keeping prices high – Refinitiv Demand for gold from jewellers and central banks will remain sharply lower in 2021 than before coronavirus, company said. Reuters | October 23, 2020 | 8:23 am