Gold demand in India seen best in a decade in festival quarter
India consumed 446.4 tons of gold in 2020 and purchases were about 360 tons in the first nine months of this year, WGC data shows.
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Mining companies express worry over Ecuador court ruling
There are two major gold and copper mines operating in Ecuador's Amazon region, while other projects have been halted by community opposition.
Swedish consortium gets funding to commercialize grid-scale energy storage concept
Mine Storage aims to build the world’s first commercial underground mine storage facility.
Russian billionaire Potanin faces $7 billion divorce claim in London
His ex-wife, Natalia Potanina, is seeking 50% of the value of his stake in MMC Norilsk Nickel.
Noram Lithium PEA places Zeus project in Nevada at $1.29bn NPV
Production over life of mine (LOM) would reach 245.4 million tonnes, averaging 1,093 ppm Li.
European zinc smelter power woes spark scramble for metal
The zinc market is turning out to be considerably tighter than anyone expected just a few months ago, writes Andy Home.
Mining equipment market to hit $90 billion by 2027 — report
Despite the covid-19 pandemic, the mining equipment industry began growing in the second half of 2020.
Ivanhoe Mines secures $300m in stream financing for Platreef
Its subsidiary Ivanplats closed a $200 million gold and a $100 million palladium and platinum streaming facilities for Platreef.
Trafigura nearly doubles profit to hit record in FY 2021
The commodity trader posted a net profit of $3.1 billion for its financial year ending Sept. 30, almost double the previous year.
