Mining News
- Gold price on track for biggest weekly loss in 15 months June 18, 2021Bullion is heading for its biggest weekly drop in over a year, weighed down by concerns over tighter monetary policy as soon as 2022.
- GoldSpot AI to search for lithium, tantalum targets in Quebec June 18, 2021GoldSpot's algorithms distil all available geological information to identify the most efficient way to explore.
- Iron ore price retreats on news of further restrictions in China June 18, 2021China's state planner said on Friday that it had jointly launched an investigation into coal prices with the market regulator and will crack down on speculation and hoarding.
- Copper price slumps as dollar touches two-month high June 18, 2021The most traded July copper contract on the Shanghai Futures Exchange dropped to the lowest since April 15,
- Nova acquires royalty on Anglo, Glencore’s jointly owned copper project in Chile June 18, 2021The West Wall project is located in the same geological belt as some of South America's largest copper deposits.
- TRU Precious welcomes Sprott as major shareholder, stock jumps June 18, 2021TRU currently holds five gold exploration properties in Central Newfoundland.
- Taseko shakes management up as top bosses to retire June 18, 2021Current boss, Russell Hallbauer, will remain a director of the company, while current president Stuart McDonald will become CEO.
- Anglo commits to provide eDNA data to protect biodiversity June 18, 2021Anglo American has become the first mining company to subscribe to the IUCN’s eBioAtlas.
Metal news
- Week in Review: Boeing-Airbus dispute; copper prices; stainless demand June 18, 2021Before we head into the weekend, let’s take a look back at the week that was and the metals storylines here on MetalMiner: Stop obsessing about the actual forecasted nickel price. It’s... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: Construction inputs rise 24.2% over last year June 18, 2021This morning in metals news: construction inputs have jumped by 24.2% from May 2020-May 2021; the United States-Mexico-Canada Agreement (USMCA) Environment Committee released its first joint... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Massive wind farm part of China’s Belt and Road to come online in Kazakhstan June 18, 2021By the end of this month, Central Asia’s largest wind farm, located in Kazakhstan, will become fully operational. In the process, it will also stamp China’s authority of being a green energy... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- China suggests it could release state reserves of base metals June 17, 2021It would seem Beijing only has to speak and the market reacts — this time, it’s about base metals. Worried by what it sees as excessive inflation in commodity prices, which it fears will lead... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: Volvo expands electric vehicle production in South Carolina June 17, 2021This morning in metals news: Volvo plans to expand its electric vehicle production in South Carolina; U.S. import prices increased by 1.1% in May; and, lastly, Ford Motor Co. says Q2 2021 EBIT will... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- Boeing-Airbus dispute achieves removal of tariff threats, if not actual resolution June 17, 2021The Financial Times is among many news sources reporting on the announcement made this week in Brussels that the E.U. and U.S. will end 17 years of litigation over claims and counterclaims that both... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- This Morning in Metals: US consumed record amount of renewable energy in 2020 June 16, 2021This morning in metals news: the U.S. consumed a record amount of renewable energy in 2020; U.S. housing starts jumped in May; and the copper price has been on the decline since peaking last month.... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
- We haven’t seen the end of this oil price rise June 16, 2021The perennially bullish Goldman Sachs is not alone in predicting a higher oil price. A recent report by the Boston Consulting Group asks the question, “are we on the cusp of a new supercycle?” In... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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