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Rio’s Kennecott copper problems to last a year
Rio Tinto mined 557,400 tonnes of copper in 2019, a 5% drop over the year before due to lower grades, which the Anglo-Australian giant could only partially offset with higher throughput. All the major copper producers are plagued by aging mines and falling grades, but...
Battery nickel price regains premium over metal
Much like prices for cobalt, lithium and graphite, nickel feedstock for battery manufacture ended 2019 on a weak note, as a retreat in Chinese electric vehicle sales in the second half of the year and slower than expected transition to nickel-rich battery chemistries...
Barrick forges ahead with Papua New Guinea mine in face of local backlash
Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China’s Zijin Mining With a 20-year lease renewal...
Ivanhoe accelerates feasibility study for Platreef palladium project
Ivanhoe Mines’ co-chairmen Robert Friedland and Yufeng “Miles” Sun announced that the company’s South African subsidiary, Ivanplats, is fast-tracking a feasibility study on a smaller-scale, early-stage development plan using Shaft 1 as a production shaft at its...