Peru has yet to decide how much to hike takes on miners
Congress has yet to vote on the proposed tax package and it is unclear if they will approve it.
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China resists COP26 push to end coal as energy security prevails
Energy security concerns will keep China from supporting the proposal on coal, Bloomberg sources say.
Passenger EV sales to jump more than 80% in 2021 — report
The total global fleet of passenger electric and fuel cell vehicles now totals nearly 13 million, of which 8.5 million are true zero-emission vehicles (ZEVs).
Gold back in vogue with bulls loving faster inflation again
Gold’s recent rally shows that the market doesn’t expect the Fed to do much more to tackle inflation right now.
BHP gets Australian shareholder support for climate plan
The world's biggest listed miner overcame a protest vote on concerns that some of the long-term plans lacked detail, with Australia-based shareholder proxies voting 86% in favour.
Fortuna’s San Jose silver mine in Mexico faces closure due to expired permit
The possible shutdown is part of a prolonged fight over the project that could chill investor appetite in Mexico, the world's biggest silver producer.
Codelco’s China clients stall on 2022 deals amid copper backwardation
Chinese customers are reluctant to sign up for copper supply in 2022 at the highest premium in seven years.
Ransomware attack on mining operations “almost inevitable,” says cybersecurity expert
“The world’s leading mining companies are now unanimous in reporting that cyber threats are a principal risk to them achieving their goals."
Iron ore price rally is over, prices to follow multi-year downtrend — report
In the longer term, Fitch forecasts prices to decline from an average $155 a tonne in 2021 to $65 a tonne by 2025 and $52 a tonne by 2030.