‘Green stimulus packages’ key driver for base metal demand, says analyst
“The path to economic recovery will be long and slow,” says Intl FCStone metals analyst Natalie Scott-Gray.
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Gold price slides amid vaccine roll-out
The resurgence of cryptocurrencies has also directed investors away from gold, JP Morgan says.
One union at Centinela reaches deal, another in talks
The Minera Esperanza union entered government-mediated negotiations with Antofagasta in late November.
Fortescue expects robust demand for steel next year
Miner has kept this year's total production forecast at 175 million to 180 million tonnes.
Gold miners must ramp up renewable energy to meet climate goals – WGC
Gold sector emissions need to be reduced by 80% by 2050 to be aligned with the Paris Agreement.
Zinc hits 19-month high amid supply worries, demand recovery
Zinc rallied to the highest since April 2019, lifted by concerns over falling Chinese production and as hopes for a US stimulus deal buoyed market sentiment.
Lundin Gold goes ahead with $18.6m Fruta del Norte expansion
The mine and mill expansion will take throughput from 3,500 to 4,200 tonnes per day over the 14-year life of the mine.
New South Wales greenlights Russell Vale mine expansion
Project will deliver a net economic benefit to the state of up to A$174 million and create ongoing employment for 205 people.
Largo to supply vanadium to clean energy storage co.
Largo Clean Energy will receive raw materials from the Maracás Menchen mine in Brazil.