Over $1 trillion needed for energy transition metals
In a new report, Wood Mackenzie says governments across the world are using stimulus packages to accelerate their decarbonisation journeys.
In a new report, Wood Mackenzie says governments across the world are using stimulus packages to accelerate their decarbonisation journeys.
Dr. Copper is clearly predicting an economic recovery but, in the meantime, gold is a useful prescription to boost mined wealth.
Implementation of stricter emission standards should see demand recover over the coming years.
Total silver production reached 394,000 ounces for the third quarter.
Shares fell over 20% after the company announced its production would be lower than forecasted next year.
The company says the new property shares similar characteristics with Great Bear's Dixie project.
Total measured and indicate resources now stand at 657 million tonnes grading 0.26% nickel for 1.7 million tonnes of contained nickel, a 9% increase from the previous estimate.
The pour took place on Tuesday, and produced 728 ounces of gold.
Class action claims there are more than 100,000 in Kabwe who are likely to have suffered lead poisoning as a result of pollution caused by Anglo.
Copper production fell 4.6% in third-quarter to 169,600 tonnes, mainly due to major maintenance work at the flagship Los Pelambres mine.
Forecasts for 2020 indicate that there will be a contraction in tin demand of -5.9% y-o-y, which is primarily attributed to the covid-19 pandemic.
Four Points, the owner and operator of the El Limón mine, will now be a subsidiary of Soma Gold.
Study on the project in the Red Lake district has defined a 7-year, 1,315 t/d underground operation.
Nordgold refuses to give up the fight for Cardinal Resources; it has now offered A$1 per share.
A 152,000-tonne-per-day open-pit mine at Josemaria would deliver an average of 136,000 tonnes of copper, 231,000 oz. of gold annually over a 19-year mine life.
With rising prices, a favourable supply-demand outlook and few new mines in development, investors are paying close attention to copper.
About 20% of people currently working in the mining and metals industry are at risk of being replaced by robots, says the the World Economic Forum.
Polymetal CEO Vitaly Nesis told FT the current methods of ESG scoring are 'inconsistent and inaccurate'.