Value of top 50 mining companies surges $600 billion from covid lows
Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.
The southern African nation, which relies on hydropower for 85% of its electricity generation, is experiencing rolling blackouts amid an ongoing drought.
Copper boss Bold Baatar says Rio's goal of producing 1 million tonnes of the metal annually within the next five years will be achieved through organic growth.