Covid-19 lops 8% off mining capex spend in 2020 — report
Mining capital spending forecast of $176 billion is up 18% from 2020 and 2019 spends.
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Gold price shakes off tapering concerns from Fed minutes
Gold rebounded to a near four-month high despite signals of taper talks from the Fed.
China’s largest jewellery retailer backs mined diamonds
Partnership between diamond miners and Chow Tai Fook aims to boost demand for mined rocks in China, particularly among young consumers.
Codelco says its copper is 100% traceable amid sustainability drive
The announcement comes amid a broader push by the company to reduce water consumption, recycle industrial waste and scale back carbon dioxide emissions by 2030.
Triple Flag shares flat after Canada’s biggest mining IPO in 9 years
Led by former Barrick Gold Corp executive Shaun Usmar, Triple Flag provides up-front financing to miners in exchange for a share of future revenue or production.
SQM shuns fears of higher taxes in Chile, fast-tracks expansions
Expansions are expected to boost SQM's output to 180,000 tonnes of lithium carbonate and 30,000 tonnes of lithium hydroxide by the end of 2022.
The great commodities boom of 2021 is facing its first big test
Commodities rally is wavering on worries about faster inflation, Federal Reserve hints at easing stimulus and China’s warning over measures to cool price spikes.
Li-ion battery manufacturer Xerotech to venture into space
Ireland’s Xerotech will work with the European Space Agency to show that its PPR battery design exceeds the requirements for space applications.
Glencore leads miners in cobalt blockchain pilot
The Re|Source project will be tested in real operating conditions, from cobalt mines in the DRC to electric vehicle production sites, and will run until the end of 2021.
