Magna Gold declares commercial production at San Francisco mine
The Sonora, Mexico mine will produce approximately 6,000 oz per month in the third quarter and 7,500 oz per month in the fourth quarter.
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Sandstorm Gold pays $138 million for Vale, Vatukoula streaming deals
The royalty package includes copper and gold production from the Sossego mine in Brazil and iron ore production from Brazil.
Strike at Vale’s Sudbury operation strains battery nickel supply
Since the Vale strike began, the premium on briquette has risen 24%.
CHARTS: China’s overseas copper mining scramble
Chinese state and private investors have spent more than $16 billion over the last decade buying copper mines and projects including nearly 50 in Africa.
Aluminum premia spike on planned Russian export tax
Russia has proposed introducing an export duty on steel, copper, nickel and aluminium to curb rising inflation.
Iron ore price down on easing steel demand in China
Steel mills have been ordered to limit or suspend their operations to minimise smog during the Communist Party centenary celebration.
Critical metals developer NioCorp stock jumps over 20%
NioCorp is currently developing a superalloy materials project in southeast Nebraska that will produce niobium, scandium and titanium.
Gold price hits 10-week low, heading for worst month since 2016
The strength in the greenback “is a major drag on gold,” says one analyst.
Equinox Gold starts mining at Santa Luz
According to the company, construction remains on track to commence commissioning in Q4 2021 and pour gold in Q1 2022.