Covid-19 outbreak hobbles Chinese demand for cobalt, nickel

Mining News Pro - China’s Covid-19 outbreak is suppressing the country’s consumption of cobalt, nickel and lithium by disrupting transportation and cutting battery manufacturing, state-backed research house Antaike said.

Vale first-quarter net profit falls 19.6%, but beats expectations

Mining News Pro - Brazilian miner Vale, one of the world’s largest producers of iron ore, reported on Wednesday its first-quarter net profit fell 19.6% to a better than expected $4.45 billion as stronger pricing offset weaker production numbers.

Copper price down on China’s covid-19 worries

Mining News Pro - The copper price retreated on Friday as the number of covid-19 cases rose in China, making investors nervous about the country’s economic recovery.

Copper price rises despite covid-19 worries in China

Mining News Pro - The copper price rose on Monday despite China’s spreading lockdowns.

6 key drivers shaping China’s steel market amid the latest COVID-19 surge

Mining News Pro - China's steel production is expected to rise in April, but supply chain disruptions and logistics hurdles across may parts of the country could continue to undermine end-user steel demand.

Iron ore price slumps on covid-19 restrictions in China

Mining News Pro - The iron ore price fell on Monday, tracking lower raw material prices as still stringent covid-19 related measures in China dented market sentiment and fuelled worries that the recovery in the world’s second-largest economy might lose steam.

Gold price drops from 19-month high with risk sentiment improving

Mining News Pro - Gold fell from near a 19-month high on Wednesday as risk sentiment in the global markets improved, despite ongoing concerns surrounding Russia’s invasion of Ukraine.

Silver-enhanced disinfectant has long-lasting effects against covid-19

Mining News Pro - Researchers at the University of Central Florida are using an engineered nanostructure called cerium oxide modified with small amounts of silver to produce a disinfectant that can continuously kill viruses on a surface for up to seven days.

Mining has helped Australia weather the COVID-19 storm

Mining News Pro - Federal Minister for Resources and Water Keith Pitt explores the strength of Australia’s pandemic-struck mining and resources sector.

NICICO: 119% jump in sales in the first 5 months

Mining News Pro - Chief executive of National Iranian Copper Industries Co. claimed that sales of this company increased by 119% in the first 5 months compared to the same period last year.

NRW excited by METS growth despite COVID-19 impact

Mining News Pro - NRW Holdings is excited by its METS capabilities going forward as the company makes its move into lithium and hydrogen energy sectors.

COVID-19 scare temporarily shuts Boggabri mine

Mining News Pro - Idemitsu has confirmed a worker returned a positive COVID-19 test at its Boggabri coal mine in New South Wales, before further testing revealed the case was a false positive.

Australian exploration shrugs off COVID-19

Mining News Pro - Gold and silver have attracted almost half of Australia’s exploration expenditure in the June quarter of 2021, according to a report from Austex.

Fortescue worker returns positive COVID-19 test

Mining News Pro - The Western Australian Department of Health has advised Fortescue Metals Group that a maintenance contractor at its Cloudbreak site has returned a weak positive test result for COVID-19.

High metal prices, covid-19 increase miners’ exposure to cyberattacks

Mining News Pro - As metal prices are hovering around all-time highs and mining companies are enjoying some of their best years with exceptional margins – a resilience that is expected to continue through 2021 – Fitch Solutions Country Risk & Industry Research published a report highlighting how this scenario increases the importance of cybersecurity defence in the mining industry.

​​Civil unrest in South Africa, covid-19 may push cobalt prices up

Mining News Pro - Civil unrest in South Africa, a third wave of covid-19 and supply curbs in the Democratic Republic of Congo may push cobalt prices up to $25 per pound through 2021 from the current average of $23.94 per pound, according to a new report published by Fastmarkets.

Copper price falls amid covid-19 worries

Mining News Pro - As tensions mount between China and the United States, automakers in the West are trying to reduce their reliance on a key driver of the electric vehicle revolution – permanent magnets, sometimes smaller than a pack of cards, that power electric engines.

Copper price falls amid covid-19 worries

Mining News Pro - The copper price fell on Monday as the dollar hovered near its highest levels in months, making greenback-priced metals more expensive and less appealing to holders of other currencies.

Coal output in US seen rising most since 1990 on global demand

Mining News Pro - The surging, post-pandemic U.S. economy is driving an unexpected boom in coal, the latest sign that demand for the dirtiest fossil fuel remains resilient.

Tanami COVID-19 outbreak prompts mass FIFO lockdown

Mining News Pro - The Northern Territory Government has put all mine workers who travelled to Alice Springs and Darwin into isolation following a COVID-19 outbreak at Newmont Corporation’s Tanami gold mine.

Diamond jewellery demand in US, China robust; India's demand affected by Covid-19 wave

Mining News Pro - Diamond miner De Beers continues to see "robust" demand for diamond jewellery in the key US and China consumer markets, says CEO Bruce Cleaver.

Resources sector, mining machinery demand strong despite COVID-19

Mining News Pro - COVID-19 has greatly impacted the Australian mining sector and the wider capital equipment industry. State lockdowns and the threat of COVID-19 forced many mining companies to make tough decisions regarding health screening and sanitisation, as well as face external pressures such as travel restrictions, fieldwork interruptions and contractual or joint venture obligations.

Ok Tedi deploys mass COVID-19 testing

Mining News Pro - Ok Tedi Mining has commissioned a mass COVID-19 testing program for its employees after announcing a two-week suspension of the Papua New Guinean (PNG) operation.

Ok Tedi suspends mine amid COVID-19 outbreak

Mining News Pro - Ok Tedi Mining has temporarily shut its copper-gold operations in Papua New Guinea following the country’s surge in COVID-19 cases and the ban on fly-in, fly-out (FIFO) travel between Australia.

Canada positioning for post-Covid-19 recovery with critical minerals push

Mining News Pro - Canada is using its measures to recover from the Covid-19 pandemic to position itself as a haven for new technology and battery minerals, boasting a wealth of such minerals found in few other places around the globe, said Natural Resources Minister Seamus O’Regan.

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