Kinross Gold to buy Great Bear for $1.42 billion Great Bear Dixie project in northwestern Ontario is considered one of the most important Canadian gold discoveries in modern history. MINING.COM Staff Writer | December 8, 2021 | 10:20 pm
Gold demand in India seen best in a decade in festival quarter India consumed 446.4 tons of gold in 2020 and purchases were about 360 tons in the first nine months of this year, WGC data shows. Bloomberg News | December 8, 2021 | 9:58 pm
Mining companies express worry over Ecuador court ruling There are two major gold and copper mines operating in Ecuador's Amazon region, while other projects have been halted by community opposition. Reuters | December 8, 2021 | 3:57 pm
Swedish consortium gets funding to commercialize grid-scale energy storage concept Mine Storage aims to build the world’s first commercial underground mine storage facility. MINING.COM Staff Writer | December 8, 2021 | 2:39 pm
Metso Outotec awarded with more than 100 new Life Cycle Services agreements in 2021 The customer base for the new agreements covers global and regional mining companies and large as well as mid-size quarries and aggregates contractors. Metso Outotec | December 8, 2021 | 12:57 pm
Russian billionaire Potanin faces $7 billion divorce claim in London His ex-wife, Natalia Potanina, is seeking 50% of the value of his stake in MMC Norilsk Nickel. Bloomberg News | December 8, 2021 | 9:52 am
Copper price rises while Commerzbank sees setback in 2022 The global refined copper market is expected to be in a significant surplus in 2022, according to ICSG. MINING.COM Staff Writer | December 8, 2021 | 9:46 am
Noram Lithium PEA places Zeus project in Nevada at $1.29bn NPV Production over life of mine (LOM) would reach 245.4 million tonnes, averaging 1,093 ppm Li. MINING.COM Staff Writer | December 8, 2021 | 9:20 am
European zinc smelter power woes spark scramble for metal The zinc market is turning out to be considerably tighter than anyone expected just a few months ago, writes Andy Home. Reuters | December 8, 2021 | 8:53 am
