Northern Dynasty calls JCap report ‘fatuous, flimsy and self-serving’
Short seller accused the miner management of “gaslighting investors” over its giant Alaska copper and gold Pebble project.
Intelligence
Copper price rallies as Chinese scrap shipments sink by 50%
China’s war on foreign waste sees shipping lines refusing to transport scrap fearing a liability for return shipment if cargoes are rejected by customs.
No fear over Brazil meeting iron ore export demand – secretary
IBRAM projects that the country will export 310 million tonnes in 2020.
Eight mines the size of Glencore’s Katanga needed to meet battery metals demand – report
Wood Mackenzie states that the cobalt market would have to double and 800 kt LCE of additional lithium would be needed by 2025 to limit global warming by 2.5 degrees.
Rio Tinto CEO quits over sacred Aboriginal site blasts
Jean-Sébastien Jacques, as well as iron ore boss Chris Salisbury, and corporate affairs head Simone Niven will have to step down.
Carbon emission curves for iron ore, copper, met coal and nickel
Skarn has also created mine-by-mine carbon intensity curves for gold, silver and cobalt, to be published over the coming weeks.
Mining is at the forefront of Ontario’s recovery: Minister Greg Rickford interview
Six months is an eternity in politics, but that’s how long it’s been since the Ontario government made a series of announcements […]
Freeport’s Grasberg go-go days back as gold, copper prices rally
Freeport’s iconic open cut mine in Indonesia is going underground – nearly doubling copper and gold production and earning $8 billion per year in the process.
BHP emissions reduction targets by 2030 fail to impress
The miner has not set goals to cut its Scope 3 emissions — those indirectly generated by end-users.
Short seller says Northern Dynasty is “gaslighting investors”
In a scathing report, JCap says Vancouver promotors of giant Pebble copper-gold mine in Alaska are lobbying for bonuses, not producing minerals.