Chile cuts forecast for mining investments to $69 billion through 2030 Some 27.8% of the pipeline's value will be focused on state-owned miners Codelco and Enami. Reuters | November 8, 2021 | 9:13 am
Gold price extends rally to hit 2-month high The precious metal ended last week about 2% higher after the US Federal Reserve maintained its view inflation was transitory. MINING.COM Staff Writer | November 8, 2021 | 9:07 am
Aluminum price steady as China auto sales drop, power crunch eases Aluminum is heading toward a bear market as China’s efforts to boost power output from fossil fuels set the stage for an easing of industrial curbs. Bloomberg News | November 8, 2021 | 8:34 am
Polymetal ups capex forecast due to project speed up Miner has now raised its capex estimate to $610 million in 2022 and $590-million in 2023 compared with a previous forecast of around $500-million in each year. Reuters | November 8, 2021 | 8:17 am
AngloGold posts 8% rise in cash flows for third quarter The miner recorded a cash flow of $342 million in the third quarter of 2021, compared to $318 million in the second quarter. Reuters | November 8, 2021 | 7:55 am
Eramet relaunches lithium project in Argentina with China’s Tsingshan The agreement with Tsingshan covers the construction of a lithium processing plant from the first quarter of 2022. Reuters | November 8, 2021 | 7:51 am
Sumitomo doubles annual profit forecast on surging metal prices Sumitomo has raised its copper price forecast to $9,071 a tonne for the year from its May estimate of $7,800. Reuters | November 8, 2021 | 7:46 am
Spanish Mountain secures First Nation support for gold project in British Columbia The miner and Xatśūll First Nation signed an engagement protocol agreement in October. Canadian Mining Journal Staff | November 8, 2021 | 7:43 am
Poland waiting for Czech response in Turow talks, says minister Turow, a 30 square kilometre area, is one of Poland's largest lignite mines. Reuters | November 8, 2021 | 7:39 am