Copper price keeps soaring as bullish sentiment prevails Citigroup analysts have pinned the global copper deficit at about 500,000 tonnes starting this year. MINING.COM Staff Writer | February 19, 2021 | 9:43 am
Rio Tinto willing to negotiate Oyu Tolgoi agreement Rio Tinto is open to replacing the underground development agreement with a new deal ratified by parliament, one of the sources said. Reuters | February 19, 2021 | 9:11 am
Barrick to ‘step back’ from Freeport after copper gain Barrick says the window has closed on a potential deal with Freeport-McMoRan. Bloomberg News | February 19, 2021 | 8:36 am
Southern Ecuador’s Cuenca bans large-scale mining More than 80% of the electorate voted this week in favour of the ban, which should not affect existing projects. Cecilia Jamasmie | February 19, 2021 | 7:02 am
Copper price blasts to 9-year high on demand optimism Other industrial metals also jumped, with aluminum, nickel, tin and lead all hitting multi year highs. MINING.COM Staff Writer | February 18, 2021 | 10:38 am
Most miners lag behind in human rights issues — report Ten years after the adoption of United Nations principles, a study shows most miners have yet to step up efforts to improve their human rights record. Cecilia Jamasmie | February 18, 2021 | 10:10 am
Rio Tinto still committed to Oyu Tolgoi – CEO CEO Jakob Stausholm said the copper mine expansion would yield a “big win-win” for both the country and the miner. MINING.COM Staff Writer | February 18, 2021 | 9:22 am
Teck quarterly profit boosted by robust copper business Average realized price for copper jumped about 26% to $3.42 per pound, while sales stood at 80,000 tonnes compared with 75,000 tonnes a year earlier. Reuters | February 18, 2021 | 7:17 am
Greatland expands footprint in Australia’s Paterson region It has lodged an application for a new exploration license in the area where is already developing the Havieron gold-copper project with Newcrest. Cecilia Jamasmie | February 18, 2021 | 7:12 am