Golden quarter for Newmont, Barrick as high prices help profit beat
A 25% surge in gold prices last year has offered miners a lifeline following production disruptions due to the covid-19 pandemic.
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Rio Tinto willing to negotiate Oyu Tolgoi agreement
Rio Tinto is open to replacing the underground development agreement with a new deal ratified by parliament, one of the sources said.
Biden to order review of US reliance on overseas supply chains for semiconductors, rare earths – CNBC
The White House plans to review gaps in domestic manufacturing and supply chains that are dominated by or run through “nations that are or are likely to become unfriendly or unstable,” CNBC reported.
Barrick to ‘step back’ from Freeport after copper gain
Barrick says the window has closed on a potential deal with Freeport-McMoRan.
New Congo government should aid release of Kibali’s $500m, Barrick CEO says
The gold miner has been in discussions with Democratic Republic of Congo over the money for more than a year.
Harmony Gold flags higher HY earnings as bullion shines
Company flagged on Friday a rise in interim earnings of as much as 219%, driven by higher gold prices, greater output and foreign exchange gains.
Time to forget tariffs and reset US aluminum policy
The new United States administration seems in no rush to lift the aluminum and steel tariffs imposed by Donald Trump in 2018.
Shortages, shipping and stocks feed bullish tin price narrative
Metal on the LME are close to $25,550 a tonne, the highest since February 2012, after a gain of 24% so far this year.
Southern Ecuador’s Cuenca bans large-scale mining
More than 80% of the electorate voted this week in favour of the ban, which should not affect existing projects.
