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Biggest copper nation has an optimistic take on hectic news flow
Copper traders are being bombarded with possible price drivers right now — from $1 trillion in U.S. infrastructure spending to a second wave of Covid-19 in China. For Chile’s official forecaster, the upshot is cautiously optimistic. Prices probably will average more...
Minnesota Court grants PolyMet review of permit
The Minnesota Supreme Court will review a lower court ruling against PolyMet Mining regarding air permits for the company’s proposed copper-nickel mine near Hoyt Lakes and Babbitt. In a ruling dated March 23, the Minnesota Court of Appeals remanded PolyMet’s air...
37 billion gold project spend needed by 2025
Prior to the coronavirus outbreak, peak gold supply was becoming a real possibility. Now, with exploration programs halted or cancelled and project disruptions hampering production, the summit is in sight, according to research firm Wood Mackenzie’s latest report. As...
Rio Tinto extends PepinNini Musgrave JV period
Rio Tinto Exploration has extended the farm-in period of the Musgrave nickel-copper-cobalt joint venture (JV) agreement with PepinNini Lithium until December next year. The project, which is located in north-western South Australia, comprises 10 tenements held 100 per...