MINING.COM MINUTE: Biggest stories of the week
Glencore posts $2.6 billion loss, gold rally, Skeena final deal on Eskay, and more.
Latest Stories
Record bullion prices give South African gold miners a lifeline
The country's gold miners have traded at a discount to their global peers for years.
Gold price retreats on stronger dollar
Gold is still on pace for its longest stretch of weekly gains since 2006.
China copper imports surge to record as arbitrage pulls in metal
Arrivals of unwrought copper and copper products into China were 762,211 tonnes last month, up 16.1% from June.
Pretium posts strong Q2 results
The company reiterated its production guidance issued in February of 325,000 oz. to 365,000 oz. of gold for the year.
Sumitomo predicts record loss as covid-19 hits nickel project
Japanese company forecasts a record net loss of 150 billion yen ($1.4 billion) for the year to March.
Rio Tinto didn’t inform cave blast owners of other mine plans
Rio CEO Jean-Sébastien Jacques faced an Australian Senate inquiry after the miner in late May legally destroyed sacred caves in Pilbara region.
Zen’s graphite aced university test
Research shows that the company’s trademarked graphite exfoliates more easily into graphene than other materials in the market.
Albemarle to shutter two lithium facilities in the US
It will idle portions of the Silver Peak mine in Nevada and Kings Mountain production facility in North Carolina starting in September.