Strong gold and copper growth forecasts as covid disruptions subside – report Global gold mine production will grow at the fastest rate in three years in 2021. MINING.COM Staff Writer | June 30, 2021 | 11:46 am
Glencore paid $5.8bn to governments in 2020 Payments to governments in 2020 were lower due to pandemic disruption. MINING.COM Staff Writer | June 30, 2021 | 11:34 am
Steel sector may be saddled with up to $70bn in stranded assets – report Blast furnaces using coal could become unnecessary or inoperable, resulting in "stranded assets" worth $47 billion to $70 billion, the Global Energy Monitor said. Reuters | June 30, 2021 | 10:20 am
Dalian iron ore price set for seventh straight quarterly gain China is pausing industrial activity to clear air pollution ahead of the Chinese Communist Party’s 100th anniversary celebration later this week. MINING.COM Staff Writer | June 30, 2021 | 9:26 am
US EPA weighs Taseko copper mining process akin to fracking The Canadian firm wants to use a process that involves injecting sulfuric acid and water deep underground to break up a mineral deposit. Reuters | June 30, 2021 | 9:08 am
Orla Mining shares surge on $35 million financing An unnamed institutional investor participated in the financing, becoming the company's latest accredited shareholder. MINING.COM Staff Writer | June 30, 2021 | 8:42 am
Copper price set for smallest quarterly gain since March 2020 China curbs and expectations of sooner-than-anticipated policy tightening in the United States have pressured prices. MINING.COM Staff Writer | June 30, 2021 | 7:42 am
Myanmar army tightens grip on lucrative jade sector Myanmar produces about 70% of the world's jade, but the industry is plagued by conflict, corruption and environmentally destructive practices. Cecilia Jamasmie | June 30, 2021 | 6:45 am
Renault pledges to cut battery costs 60% this decade in EV push Renault also plans to lower the cost of its electric motors by 30%, make them more compact and extend their range. Bloomberg News | June 30, 2021 | 6:32 am