Gold price to hit $2,300 next year on inflation risks, Goldman says
Goldman has set a $2,300/oz price target for gold, which equates to a 22% rally from current levels over the next 12 months.
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EV Metal Index rockets to record high on cobalt, nickel price, use
Booming global electric car sales and growth in battery capacity lift MINING.COM EV Metal Index to monthly record and wipe out 2020 pandemic losses.
World’s no. 2 copper producer hits the hard part of its recovery
Peru bounced back from hard lockdowns to post double-digit output growth mid year, but the next stage of its recovery is proving slower.
BHP urges Australia to maintain trade with China amid tensions
BHP CEO Mike Henry executive said that tension in international relations is antithetical to the prosperity of Australia, and the world.
De Beers sales rise 12% as diamond demand recovers
Sales of $450 million between Nov. 2 and Nov. 16 were higher than $400 million a year earlier, but declined from $467 million between Sept. 21 and Oct. 9.
Cardinal beckons third party bidder amid takeover stalemate
A new bidder could effectively free up Shandong and Nordgold of their respective “best and final” statements and enable both to increase their offers.
State purchases drive up cobalt metal prices in China
Traders say China has already stockpiled between 5,000 and 7,000 tonnes of cobalt metal.
Luxembourg to set up Europe space mining centre
Luxembourg aims to become Europe's space mining hub.
Supercritical CO2 power plants may help miners reach renewable energy targets
CSIRO and GTI are joining forces to develop a sCO2 power plant that they say could be a game-changer for power generation applications in Australia.
