Unmanned train to allow Vale to reopen iron ore plant at Xingu dam
With the train, Timbopeba processing plant will be able to operate at least at 80% of its capacity of 33,000 tonnes of iron ore "fines" per day.
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Canada’s Coal Association responds to Ottawa’s thermal coal mine ban
Canadian thermal coal will be replaced by dirtier product from elsewhere, says Coal Association.
Chilean senators pause to ponder tax impacts
The senate’s mining and energy committee will hold weekly hearings on the proposed royalty through mid July.
3Aces exploration continues despite positive covid case
Seabridge says one contractor tested positive for covid as the Yukon sees a spike in caseloads.
Fire at Kinross Gold’s Tasiast mine suspends milling operations
No injuries in but the cause of the Tasiast mill fire under investigation.
Copper price and China reserves: sell on rumor, buy on fact
Beijing confirmed the release of state reserves for the first time in a decade to cool metals markets, but copper prices rose more than 1% on the news.
Cobalt supply must double by 2030 to meet demand – Trafigura exec
Total supply of cobalt in 2020 was 126,500 tonnes, according to consultancy Benchmark Mineral Intelligence.
Companies with $2.1 trillion of debt face natural capital risks
Moody’s says companies in 12 sectors, including mining, oil and gas, and shipping, have “high” or “very high” exposure to natural capital risks.
Nouveau Monde launches public offering, private placement to raise nearly $100m
Net proceeds would be used towards the development of the Matawinie graphite property and li-ion battery anode plant.