Ethiopia revokes licences of 63 mining companies The companies were said to have breached contract rules, failed to renew their licenses, or not made royalty payments. Reuters | December 16, 2020 | 12:03 pm
Freeport CEO sees banner years ahead after gains won in ‘battle’ CEO Richard Adkerson expects copper volumes to expand by 20% and gold by 70% next year, with rising outputs lowering costs. Bloomberg News | December 16, 2020 | 11:03 am
SolGold faces rebellion from top shareholders Mining heavyweights that backed the company and its huge Ecuadorian copper deposit are growing increasingly frustrated by the management’s decisions. Bloomberg News | December 16, 2020 | 7:48 am
Aurania finds evidence of ancient mine corridor at Lost Cities – Cutucu The company believes the Tiria-Shimpia target area may have been investigated for silver by the Colonial Spanish. MINING.COM Staff Writer | December 16, 2020 | 6:15 am
Rio Tinto’s $6.7bn Oyu Tolgoi expansion to begin in 2022 The update on budget and timeline for the expansion didn't provide clarity on the funding and economics surrounding the giant project. Cecilia Jamasmie | December 16, 2020 | 3:45 am
Ero copper shares up on new results at Curaçá Valley Company has released new results for its copper project in Bahia State, Brazil, and for its NX Gold Mine in Mato Grosso State. MINING.COM Staff Writer | December 15, 2020 | 11:54 am
Base metals get supercharged thanks to China rebound Industrial metals are well on their way to being among the top performers of 2020. Frank Holmes - U.S. Global Investors | December 15, 2020 | 10:57 am
Freeport lower 2021 copper charges signal sixth drop for benchmark Spot treatment charges in China are languishing at their lowest level in eight years. Reuters | December 15, 2020 | 10:05 am
Strike averted at Centinela as union accepts offer The agreement followed the company’s offer of a 36-month contract, a 2% salary increase and contract-signing bonus of $23,500 per worker. Reuters | December 15, 2020 | 9:45 am