Anglo CEO warns extreme weather threatens global mine supplies
The mining industry has been struggling to hit production targets, hurt by everything from floods and droughts to creaking infrastructure and political instability.
Highlights from the latest drilling at the deposit intersected 16 metres grading 26.5 grams gold per tonne from 233 metres, including 2 metres of 115.3 grams per tonne.
Mining profits reach $230 billion a year, topped only by oil & gas, pharma; Lithium prices continue to soar – up 88% in 2021; Massive new port could give Vale back iron ore crown.
After a decade in the doldrums, South Africa’s key platinum industry reported windfall profits last month as supply deficits pushed palladium and rhodium to record highs.