July 15, 2020

Covid-19 disrupts $8.8 billion of global mining output

In total, $8.84 billion in mining revenue is at-risk, with disruptions to 275 mine sites in 36 countries.

July 15, 2020

Pandemic sharpens focus on US coal’s ESG risks – report

Access to capital issues are becoming increasingly significant for the coal industry.

July 15, 2020

First rare earth firm in decade to go public in $1.5 billion deal

The deal comes as President Trump pushes to resume domestic production and processing of rare earths.

July 15, 2020

Doomsday hedge fund sees gold topping $3,000

Diego Parrilla, heads of Quadriga Igneo, says gold could rise to $3,000-$5,000 in the next three to five years due to unprecedented monetary stimulus.

July 14, 2020

“Nature-first” mining could create $3.5 trillion market by 2030 — report

The World Economic Forum estimates that 395 million new jobs could be created by 2030 if businesses prioritize nature.

July 14, 2020

Funds buy into a copper rally fuelled by China and Chile

Hedge funds are starting to buy into the rally in copper, which continues to build upside momentum.

July 14, 2020

Nevada Copper announces $71m financing to navigate ‘financial difficulty’

The company says it would use the proceeds to fund restarting and ramping up production from its Pumpkin Hollow underground mine in Nevada.

July 14, 2020

Nevada Zinc targets farming industry

The Canadian miner signed a deal to produce zinc-based micronutrient products to be commercialized by Cameron Chemicals.

July 13, 2020

New Placer Dome prepares to drill Kinsley Mountain

Crews are preparing for the company’s first 10,000-metre reverse circulation drill program in the Elko area in Nevada.

July 13, 2020

Labor tensions add to copper’s steady drumbeat of supply threats

Potential labor disruptions add to concerns over Chile’s ability to maintain output as more workers fall ill, with copper prices surging to the highest in two years.