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.
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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.
Cruz Cobalt to reassess silver-cobalt projects in Ontario
The Canadian miner said that even though its focus continues to be battery metals, it will investigate its five projects for silver potential.
De Beers’ diamond sales beat pre-covid levels
The miner's rough-diamond sales jumped 44% in the first cycle of 2021 from to the same period last year.