Vale closes mines after evacuation order at Xingu dam area

Company has interrupted production at its Timbopeba mine and part of its Alegria mine after prosecutors ordered the evacuation of an area around the nearby Xingu dam.

MINING.COM Staff Writer | June 4, 2021 | 9:11 am

Copper price up as global smelting rebounds

Copper prices rebounded as investors scooped up material at lower prices after heavy losses the previous day on fears that strong US economic data could spur tighter monetary policy.

MINING.COM Staff Writer | June 4, 2021 | 8:09 am

Nornickel resumes mining at Taimyrsky after flooding

The underground mine is currently running at 40% of its capacity and is on track to return to full capacity by the end of June.

MINING.COM Staff Writer | June 4, 2021 | 7:47 am

Deep freezing iron-based materials expected to be part of superconducting devices of the future

US, UK and Germany-based researchers discovered that an iron-based superconductor exhibits both superconductivity and magnetism below -258°C.

MINING.COM Staff Writer | June 4, 2021 | 6:11 am

Hundreds of trucks to be ruggedized, turned electric for Europe-based miners

VivoPower and Arctic Trucks want to convert 800 Land Cruisers or Hilux to ruggedized e-LVs.

MINING.COM Staff Writer | June 4, 2021 | 6:06 am

Mining stocks in broad sell-off as copper, gold prices pull back

Iron ore's big three shielded from worst of corrrection as steelmaking ingredient holds above $200 a tonne.

MINING.COM Staff Writer | June 3, 2021 | 12:33 pm

Copper price crashes through $10,000 as China premium hits 9-year low

China's appetite for overseas metal seems to be fading, with Yangshan copper import premiums falling to $28.50 a tonne, the lowest since at least 2012.

MINING.COM Staff Writer | June 3, 2021 | 9:56 am

Gold price down 2% as strong US economic data puts traders on defense

Strong US employment and service sector data has propelled the dollar higher, boosting expectations that the Fed may reignite tapering talks.

MINING.COM Staff Writer | June 3, 2021 | 9:21 am

Iron ore rises despite China’s moves to lower prices

Bank of America forecasts iron ore will average $172.2 a tonne this year; then $143.8 a tonne in 2022.

MINING.COM Staff Writer | June 3, 2021 | 8:22 am

Giga Metals’ Turnagain nickel project tests show potential for carbon neutrality

Preliminary testing carried out by the University of British Columbia shows the Turnagain nickel project has potential for significant mineral sequestration of CO2.

MINING.COM Staff Writer | June 3, 2021 | 6:09 am

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