November 20, 2020

MINING.COM MINUTE: Biggest stories of the week

Gold price to hit $2,300 next year on inflation risks, zinc price soars as Vedanta halts Gamsberg mine after accident, Dominion Diamond Mines to restart Ekati.

November 20, 2020

Zinc price soars on supply squeeze even as stealth stocks build

LME three-month zinc hit a fresh 18-month high of $2,793 per tonne on Friday and is even outperforming high-flying copper.

November 20, 2020

White Metal, Noronex to start work at Namibia copper-silver project

The companies just completed an earn-in deal and can now move towards geophysics and drilling.

November 20, 2020

Zambia’s copper output increases amid foreign debt default

9.45% rise in production comes as good news to Zambia, which missed a $42.5 million payment on part of its international debt last week.

November 19, 2020

Volkswagen joins cobalt group supporting artisanal DRC miners

Pilot project intends to strengthen legal compliance and improve health and safety conditions in the south of the Democratic Republic of Congo.

November 19, 2020

Egypt awards 11 companies concessions in mining bid round

Among the companies awarded concessions were Centamin, B2Gold and Barrick Gold.

November 19, 2020

Rwanda smelter uses blockchain to comply with EU Conflict Mineral Regulation

LuNa Smelter has joined forces with Minespider to pilot the first blockchain protocol in Rwanda.

November 18, 2020

De Beers sales rise 12% as diamond demand recovers

Sales of $450 million between Nov. 2 and Nov. 16 were higher than $400 million a year earlier, but declined from $467 million between Sept. 21 and Oct. 9.

November 18, 2020

Zinc price soars as Vedanta halts Gamsberg mine after accident

Prices for the metal climbed to an 18-month high in London after Vedanta said the South African mine will stay closed until further notice.

November 17, 2020

Mali gold mine workers to go on 72-hour strike

The National Union of Malian Workers said it would launch a strike beginning at midnight on Tuesday to push for better pay and bonuses.