Iron ore price rebounds despite Chinese steel curbs The Chinese government has asked mills in more cities in northern China to cut output from Nov. 15 to March 15. MINING.COM Staff Writer | October 14, 2021 | 9:42 am
Atalaya lifts full-year copper guidance, stock up The company now expects output to reach 54,000-56,000 tonnes for the year. MINING.COM Staff Writer | October 14, 2021 | 9:26 am
Copper price tops $10,000 as energy crisis hits supply Copper mining stocks jump as copper price rally gains momentum and traders scramble for prompt delivery of metal. MINING.COM Staff Writer | October 14, 2021 | 9:23 am
Rusal plans sales boost to plug China’s aluminum deficit in 2022 The world's largest aluminum producer outside China plans to supply 300,000-400,000 tonnes of aluminum to China in 2021. Reuters | October 14, 2021 | 7:49 am
South32 buys stake in KGHM’s Chilean mine for $1.55bn Sierra Gorda will be South32’s second-largest deal since it listed in 2015 and will add 70,000 to 80,000 tonnes of copper to its portfolio. Cecilia Jamasmie | October 14, 2021 | 7:08 am
De Beers to extend life of Namibia mines to 2042 Namdeb, a joint venture between the Namibian government and the diamond giant, has extended its land-based mines’ life by 20 years. Cecilia Jamasmie | October 14, 2021 | 7:01 am
Barrick’s gold output rises nearly 5% sequentially on Argentine mine boost In the three months ended Sept. 30, total preliminary gold production rose to 1.09 million ounces, from 1.04 million ounces in the previous quarter Reuters | October 14, 2021 | 6:06 am
Market value of on-road fuel cell vehicles to grow to $160bn by 2042 — report A report by IDTechEx states that major automotive markets are planning for the significant deployment of fuel cell vehicles. MINING.COM Staff Writer | October 14, 2021 | 6:06 am
Chile to open 400,000 tonnes of lithium reserves up for exploration The copper-producing nation, which holds the world’s largest known lithium reserves, will tender for five quotas of 80,000 tonnes each. Cecilia Jamasmie | October 14, 2021 | 3:43 am