MINING.COM

Coal miners urge Manchin to rethink opposition to spending bill

America’s biggest coal mining union is calling on West Virginia Senator Joe Manchin to reconsider his opposition to President Joe Biden’s $2 trillion social and climate spending bill.

Bloomberg News | December 20, 2021 | 10:50 pm

Commodities to veer between China hopes, pandemic fears

If 2021 was a year of volatility and uneven performances for commodities, then 2022 is shaping up as a rinse and repeat as uncertainty over the recovery from the coronavirus pandemic remains, writes Clyde Russell.

Reuters | December 20, 2021 | 10:13 pm

Lundin slumps after deal to buy copper-gold project in Argentina

Lundin Mining fell the most since March after it agreed to acquire Josemaria Resources for C$625 million.

Bloomberg News | December 20, 2021 | 12:33 pm

Newmont raises $1bn through mining industry’s first sustainability linked bond

The financing is linked to the gold miner’s ESG (environmental, social and governance) performance – specifically its carbon emissions and its commitment to promote more women into senior roles.

Canadian Mining Journal Staff | December 20, 2021 | 11:23 am

Las Bambas not mulling legal action for now as Peru blockade continues

The current blockade has been in place since November 20 by residents of Chumbivilcas province.

Reuters | December 20, 2021 | 9:53 am

Rock Tech Lithium to raise $40 million for German, Ontario projects

About $31.5 million will be used to advance the company’s lithium hydroxide converter and refinery in Germany.

Canadian Mining Journal Staff | December 20, 2021 | 9:26 am

Gold price holds steady as investors assess omicron risk

But moves in gold were likely to remain muted, in part due to thinning liquidity into the year-end, analysts said.

MINING.COM Staff Writer | December 20, 2021 | 9:24 am

Iron ore price highest in two months on China demand hopes

"Analysts expect a rebound in steel output as Beijing's yearly targets have been met, prompting mills to resume production," broker SP Angel said in a note.

MINING.COM Staff Writer | December 20, 2021 | 9:03 am