Massive gold reserves in Greece offer unique opportunity for Eldorado Gold

Company will seek to push forward with several new and pending projects in the mineral-rich Andean nation as prices rise.

One person said a chip shortage may have affected the production cutback, which would last until March 7.

Company's recall of nearly 82,000 electric vehicles highlights how costly the shift to the industry’s new frontier can be for all the automakers piling in, both to their balance sheets and their brands.

Company could soon greenlight expansions at three mines in the US Southwest, adding more than 250 billion pounds of copper each year to US output.

CEO Graham Kerr said the miner had increased its interactions with the Noongar people over the development of its Hotham bauxite mine.

Company said copper output, which dipped to 306,000 tonnes in 2020 from 311,000 tonnes in 2019, was expected to slip further in 2021 to between 275,000 and 295,000 tonnes.

A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known investor to make $40 million within weeks.

Current prices would seem “far too low” if governments fulfill pledges for green infrastructure and electric-vehicle incentives, Concord Resources said.

The brokerage’s large bullish bets have startled some traders as prices for copper, widely used in power and construction, hit 9-1/2-year highs.