Mining News
- State of the sector: Worker health, safety and equality in ASM — report July 30, 2021While women make up a large percentage of the ASM workforce —they are largely invisible within the data.
- Lomiko Metals releases PEA for La Loutre in Quebec July 30, 2021The PEA envisions an open-pit mine with an average annual production of 97,400 tonnes of graphite concentrate over a 14.7-year mine life.
- Goldman recapitulates $5 a pound copper price by end of 2021 July 30, 2021New report says while copper bulls have been facing “a crisis of confidence”, fundamentals “have been quietly tightening” setting up return to record prices in the near future.
- Copper price: China’s scrap rebalancing act could derail recovery – report July 30, 2021China's copper scrap imports look set to grow substantially.
- Yamana sees record quarterly production from Jacobina and Canadian Malartic, shares up July 30, 2021Yamana has also raised its dividend by 15% over the previous level.
- Iron ore price craters on Chinese steel output cuts July 30, 2021Iron ore price drops 8% falling below $200 a tonne for the first time since April on Beijing's efforts to curb industry emissions.
- Copper price falls after China’s metals auction July 30, 2021China announced it would release a total of 170,000 tonnes of metals, including copper, aluminum and zinc, from state reserves on Thursday to nonferrous fabricators.
- BHP to build solar farms at Nickel West July 30, 2021The project will help cut carbon emissions by 12% compared with 2020 levels at its Mt. Keith and Leinster nickel operations, where power is currently being generated through diesel and gas turbines.
Metal news
- Week in Review: Stainless demand; global crude steel production; tin prices July 30, 2021Before we head into the weekend, let’s take a look back at the week that was and some of the metals storylines here on MetalMiner, including stainless demand, a drop in global crude steel... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: China raises export tariffs for steels July 30, 2021This morning in metals news: China opted to increase export tariffs on some steel products; meanwhile, Glencore released its first-half production results; and, lastly, U.S. personal income increased... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Elevated US Midwest aluminum premium is here to stay July 29, 2021A recent post from the Russian news agency Interfax paints a predictably conciliatory line on the impact of Russia’s export tariffs on RUSAL. The post faithfully reports RUSAL’S complaints that... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: US GDP rises by estimated 6.5% in Q2 July 29, 2021This morning in metals news: according to the Bureau of Economic Analysis, U.S. gross domestic product rose by an estimated 6.5% in the second quarter; meanwhile, the American Iron and Steel... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Federal Reserve holds off on rate increases, touts strengthening economy July 29, 2021For those keeping an eye on monetary policy, for now the Federal Reserve is maintaining the status quo vis-á-vis federal funds rates. The MetalMiner Best Practice Library offers a wealth of knowledge... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- How much should a city trash can really cost? July 28, 2021Walk down just about any major city in the United States and, eventually, you’ll walk past a city-installed garbage can. Maybe you’ll see a classic black trash receptacle, with the black... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: Rio Tinto commits $2.4B in funding for Serbia lithium project July 28, 2021This morning in metals news: miner Rio Tinto said it had committed funding of $2.4 billion toward the Jadar lithium-borates project in Serbia; meanwhile, the U.S. international trade in goods deficit... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- June global crude steel production drops 4.0% month over month July 28, 2021While global steel production levels remain well ahead of levels seen at the same time last year — when the COVID-19 was still only in its early days and demand had not yet had a chance to bounce... [[ This is a content summary only. Visit my website for full links, other content, and more! […]
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