Commodity freighters are shrugging off covid-19 for now
The cost of moving coal and iron ore across the world’s oceans is surging as China lifts cargo purchases.
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A miraculous covid-19 recovery but Dr Copper needs more tests
LME three-month copper ended the first half of the year at $6,015 per tonne, up a whopping 38% from March lows.
Codelco says more pandemic restrictions would be ‘catastrophic’
The miner giant had held output and shipments of copper steady despite the growing crisis.
Pandemic helps Russia tighten its grip on palladium
Nornickel’s operations have barely missed a beat, while its main rivals in South Africa are struggling to ramp up production.
Blue Star Gold to kickstart work on Nunavut projects
The decision was a response to the Exposure Control Plan and the Health & Safety Plan that the miner submitted to the territorial Department of Health.
Greatland Gold wins ballot for exploration licence in Western Australia
The win means that Greatland’s application for the license has priority and will be processed ahead of other competing applications.
Landslide at Myanmar jade mine leaves at least 162 dead
Triggered by heavy rain, the mudslide swept through a mine in Kachin state.
Endeavour becomes West Africa’s top gold miner
With the acquisition of Semafo completed, Endeavour expects to produce more than one million ounces of gold this year.
Gold futures fall from eight-year high on factory data, vaccine
The metal is still up about 17% this year.
