Rising supplies set to undermine iron ore price rally Iron ore’s rally, underpinned by China’s massive construction boom, is at risk of slowing as miners ramp up output. MINING.COM Staff Writer | August 20, 2020 | 9:48 am
Hedge fund that gained 103% on gold rally trims exposure Delbrook Capital is now taking a pause on gold stocks as their valuations have strengthened. Bloomberg News | August 20, 2020 | 9:21 am
Antofagasta earnings dive on lower copper prices, virus Earnings for the first half of the year dropped 22% as copper production and prices were affected by the global coronavirus pandemic. Cecilia Jamasmie | August 20, 2020 | 9:09 am
Scotiabank compliance failed to stop gold spoofing, US says The bank agreed to pay $127.4 million to settle allegations that its traders manipulated precious metals markets. Bloomberg News | August 20, 2020 | 9:02 am
South Africa gold miners seek new CEOs as another plans to exit With Gold Fields CEO Nick Holland retiring, South Africa loses a second gold mining boss in less than a month. Bloomberg News | August 20, 2020 | 8:46 am
KGHM says Sierra Gorda may not need support from next year The mine posted a 150% leap in second-quarter core profit despite risks related to coronavirus in Chile. Reuters | August 20, 2020 | 8:11 am
BHP and Rio Tinto show the swings and arrows of China commodity exposure It may be a bit of an oversimplification, but in the current situation the world of commodities is effectively split between China and the rest. Reuters | August 20, 2020 | 8:07 am
German battery recycling project awarded $1 million in public funding The ZSW project is aimed at efficiently recovering lithium, nickel, cobalt and natural graphite from spent batteries. MINING.COM Staff Writer | August 20, 2020 | 6:30 am
Australian Strategic Materials, ZironTech produce high-purity praseodymium at pilot plant This milestone is the final testing stage of the patented metallization process for permanent magnet metals. MINING.COM Staff Writer | August 20, 2020 | 6:15 am