New Caledonia’s government collapses over independence, nickel unrest
The South Pacific archipelago has been gripped by riots over the sale process of Vale’s local nickel business.
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Canadian miners show resilience amid pandemic
They thrived in the last quarter of 2020 as the global industry began bouncing back from the pandemic-induced shutdown, EY’s latest Canadian Mining Eye index shows.
Copper price climbs as Citi analyst predicts market deficit in H2
Global copper consumption is forecast to rise 6% to 24.76 million tonnes this year after a 1.3% drop last year.
No schmoozing and boozing as the Indaba mining jamboree goes online
This year the Investing in African Mining Indaba is online only and has been cut to two days rather than four.
Glencore’s 2020 output hit by Congo mine closure, sticks to targets
The London-listed company stuck to all of its production targets for 2021.
China’s new coal power plant capacity in 2020 more than three times rest of world’s: study
China won praise last year after President Xi Jinping pledged to make the country “carbon neutral” by 2060.
Populist crowd fails to breach the silver fortress for now
Ironically, the silver squeeze may have benefited the very funds that have come in for vilification for shorting stocks
UK defends approval of first deep coal mine in 30 years
Woodhouse Colliery would produce 3.1 million tonnes of metallurgical coal and 400,000 tonnes of carbon emissions a year.
Santacruz Silver reports record production at Mexican mines
The Canadian miner said consolidated annual production at its Zimapan mine and Rosario project in Mexico increased by 30% in 2020.
