Gold price may get China, India physical demand boost as ETF spike fades
If physical demand returns and ETF flows and central bank buying remain more or less constant, it’s possible gold will resume a bullish trend in 2021.
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Gina Rinehart targets EV boom with ‘green’ lithium play
Rinehart’s mining empire will become a cornerstone investor in Vulcan Energy, which is building a lithium project in Germany.
Iron ore price surges on Vale’s 2021 production outlook
Vale reported 4Q20 output of 84.5 million tonnes, a 5% decline from the third quarter.
Proposal to ban big mines put to vote in southern Ecuador
The referendum threatens to derail more than 40 concessions seeking to tap gold, silver and copper reserves.
Gold price sinks below $1,800 to 2-month low
Meanwhile, gold ETFs saw inflows again after two straight months of outflows.
Barrick extends Tongon mine life to 2023
Continued exploration and the conversion of resources to reserves have allowed Barrick to extend the Ivory Coast mine's life.
Vale and Brazil state sign $7bn deal over Brumadinho
The settlement is the biggest in Brazil's history, but does not include criminal actions, unknown damages, and individual rights.
Fortescue pays royalties to Aboriginal group, a year late
Miner has pledged to pay nearly A$2 million ($1.4 million) in outstanding royalties to an Aboriginal partner, around a year after they were initially due.
Turquoise Hill scores win in funding dispute with Rio Tinto over Mongolia mine
It has received temporary relief in the arbitration proceedings against Rio Tinto, which prevents the mining giant from restricting Turquoise's funding talks.
