Mining News

Hardrock is one of the most significant large-scale, permitted, mine development opportunities in North America, company says.
Long term fundamentals of the bellwether metal remain intact however according to new note from debt ratings agency.
An 11% increase in gold prices can translate into 30% more cash for gold producers, says VanEck investment management.
2020 was one of its best years in nearly a decade in terms of mineral exploration spending for the province.
Replacement of shiploader boom could take months and hit Vale's shipping capacity in 2021.
The largest sector was renewable energy, according to BloombergNEF's new Energy Transition Investment Trends report.
Company released the results of its initial PEA for its project in Jalisco State, Mexico.
Analysts say any slowdown effects in the mining sector will be offset by Biden’s plans to support domestic production of metals used in EVs, solar panels and green technologies.
For the full year, the company achieved the top-end of its revised guidance despite shutdowns in Q2.
Country's mining investment arm ZCCM-IH agreed to buy Glencore's majority stake in Mopani, taking on $1.5 billion in debt.
Company expects an attributable gold production between 630,000 and 700,000 ounces in 2021.
Bullion extended its gains following Tuesday’s comments from Biden’s Treasury Secretary nominee Janet Yellen that weakened the dollar.
Over the 11-year mine life, average annual gold production is forecast at 287,000 oz.
Updated measured and indicated resources now total 33.5 million tonnes at 5.8 g/t gold, for a total of 6.3 million gold oz.
Company cut the value of its Mt Arthur thermal coal mine in New South Wales by about $1.25bn, as it seeks to sell the asset.
The Cerrejón thermal coal mine is owned by BHP, Anglo American and Glencore.
The Graphite Creek project is considered the highest grade and largest known, large flake graphite deposit in the US.
The project's cost is now pegged at $1.7 billion.
Bid lays the framework for a partnership between Investissement Québec, the US government and EMC.
Cobalt use in newly-sold electric cars sets record and prices jump to 21-month high, lifting overall index to fresh monthly record.