Teck profit drops by almost 67% on weak coal prices
Canada's largest diversified miner's profit in the July-September quarter was also hurt by ongoing covid-19 safety protocols.
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China’s new infrastructure plan to boost metal demand – report
The plan will support the government's beneficiation ambition in the metals industry, Fitch says.
Hudbay resumes mining at 777 after hoist incident
Hudbay believes it should still meet its 2020 production and cost guidance.
China’s new international copper contract comes at the right time – Russell
The futures contract will launch on the Shanghai International Energy Exchange (INE) on Nov. 19.
Moon contains more water than believed, NASA confirms
This is the first time that detection of water molecules on the lunar surface has been confirmed.
MMG slashes guidance for Las Bambas by over 10%
Company anticipates production of 305,000-315,000 tonnes this year, while cautioning that a “high degree of operational uncertainty remains.”
Barrick and NovaGold report assays from 2020 drill program at Donlin
Donlin contains about 39 million ounces of gold grading 2.24 grams gold in the measured and indicated categories, making it one of the largest and highest grade undeveloped open pit projects in the world.
Gold price tops $1,900 on surging coronavirus cases
Gold has been trapped between $1,930 and $1,880, and will take cues from the election.
Mind the gap between sister metals zinc and lead
Zinc price touched a high of $2,596.50 per tonne last week, while lead has been moving in the opposite direction and is now the clear under-performer of the LME.
