Europe’s green deal needs to get round anti-mining roadblock If the EU is going to persuade its citizens of its green credentials, policy-makers may have to get into the dirty side of mining, writes Andy Home. Reuters | December 16, 2021 | 7:52 am
Copper price jumps on Fed’s upbeat view The Fed said the US economy would remain resilient despite the spread of the omicron coronavirus variant and pointed to low unemployment figures. MINING.COM Staff Writer | December 16, 2021 | 7:12 am
IGO to buy Western Areas for A$1.1bn amid soaring nickel demand The cash splurge will boost IGO’s nickel business from a short-life, single asset operation to a multi-asset division. Cecilia Jamasmie | December 16, 2021 | 5:55 am
MMG shuts down Las Bambas copper mine as talks fail The company will stop production from Dec. 18 after failing to reach an agreement with the Peruvian community blocking a transport road to the mine. Cecilia Jamasmie | December 16, 2021 | 3:55 am
Sleepy copper ETF surges to $1.7 billion assets as EV bets boom The Global X Copper Miners ETF saw a record $196.1 million inflow during Tuesday’s broader selloff on inflation concerns, increasing the fund’s assets 13% to an all-time high. Bloomberg News | December 15, 2021 | 1:27 pm
Hudbay releases initial estimate for Copper World, near Rosemont in Arizona The deposit is located near the company’s 100%-owned Rosemont copper project 50 km southeast of Tucson. Canadian Mining Journal Staff | December 15, 2021 | 11:57 am
Peru PM says Las Bambas standoff cannot be sustained for “much longer” Talks continue to stall with a local community while the mine faces a looming shutdown. Reuters | December 15, 2021 | 11:29 am
SolGold reports first resource estimate for Cacharposa deposit in Ecuador Inferred resources add 96.9 million tonnes. Northern Miner Staff | December 15, 2021 | 8:44 am
Copper price rebounds after Fed decision Chinese fiscal stimulus supports copper price in near term. MINING.COM Staff Writer | December 15, 2021 | 8:06 am