Iron ore price jumps to seven-week high on China steel demand hopes The optimism around the metal continued to be tempered by China's rising stockpiles of imported iron ore hitting the highest level since July 2018. MINING.COM Staff Writer | December 17, 2021 | 10:34 am
Gold weathers hawkish Fed Gold weathered this week’s uber-hawkish FOMC meeting with flying colors. Adam Hamilton - Zeal Intelligence | December 17, 2021 | 9:48 am
China’s Huayou agrees lithium production, battery recycling tie-up Huayou, the world's biggest cobalt refiner in 2020, has been looking at investing more in lithium projects in China. Reuters | December 17, 2021 | 9:43 am
Not only gold lacks energy – we all do now So far, gold has rather ignored the unfolding energy crisis, but we’ve already seen that market narratives can change quickly. Sunshine Profits | December 17, 2021 | 9:23 am
Bear Creek acquires Mercedes mine from Equinox The company says the Mercedes acquisition will provide a source of funding for future construction of its Corani silver mine. MINING.COM Staff Writer | December 17, 2021 | 8:56 am
De Beers extends Botswana sales deal as it negotiates new contract The 2011 rough diamond sales deal in which the venture, Debswana, sells all of its output to De Beers was set to expire in 2020. Reuters | December 17, 2021 | 8:26 am
Zinc price soars as power crunch forces Nyrstar to idle French plant Elevated electricity costs caused by a wholesale power crunch this year have forced industries from zinc to steel to curtail production. Reuters | December 17, 2021 | 8:18 am
Amazon tribe suffers mercury contamination as illegal mining spreads Illegal gold mining in the north Amazonian territory of Brazil's indigenous Munduruku people has led to more than half of several hundred people tested showing unsafe mercury levels. Thomson Reuters Foundation | December 17, 2021 | 7:54 am
Lucapa’s Merlin could be next top diamond mine in Australia Preliminary scoping study shows the asset has the potential to yield 2.1 million carats over its 14-year mine life. Cecilia Jamasmie | December 17, 2021 | 6:44 am