Agnico Eagle exploration spending to hit record $163 million in 2021
"The 2021 exploration program is the most ambitious in Agnico Eagle's 64-year history," says CEO.
Latest Stories
The great copper squeeze isn’t over yet
As was the case during the October squeeze, buyers on the LME are again paying huge premiums to roll forward front-month contracts.
Africa’s crackdown on informal gold miners spreads to Mali
The government plans to require permits for small-scale miners and set up 200 cooperatives with the help of the World Bank.
Harte Gold’s strategic review still yields no results
Harte said it would require additional financing before year-end to continue operations and conclude the strategic review process.
Peru central bank warns against anti-mining protests damage
A rising wave of anti-mining protest in Peru has paralyzed several operations in the world’s second largest copper producing country.
Mosaic sees massive fertilizer price surge continuing
Fertilizer prices have skyrocketed as soaring natural gas costs have forced some European production plants to halt or curtail production.
Funds still wary of shorting super tight copper market
A slowdown in China’s manufacturing sector is casting an ever larger shadow over the copper market, writes Andy Home.
Codelco hikes 2022 copper premium for Chinese buyers
The world’s biggest copper miner has offered Chinese customers annual copper supply for 2022 at a premium of $105 a tonne.
Metso doubles order intake but supply chain problems weigh on sales
Metso also updated its carbon emissions target, saying it now aims to reach net-zero by 2030 instead of a 50% reduction.
