14/04/2020
Teck Resources is facing allegations of putting workers at risk of contracting covid-19 and spreading the virus into the nearby communities by keeping coal operations open in the east Kootenay region of British Columbia.
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14/04/2020
Glencore’s Katanga Mining sent 350 workers to be repatriated this week after the copper and cobalt miner delayed the commissioning of an acid plant they were working on in Democratic Republic of Congo’s Lualaba province.
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02/04/2020
Equinox Gold (TSX: EQX) on Wednesday provided a production and cost guidance for 2020 to reflect its expectations following the recent closure of the company’s merger with Leagold Mining.
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02/04/2020
Teck Resources suspended its 2020 financial forecasts on Wednesday and said it expected steelmaking coal production to drop to about 80-85% of normal levels in an initial two-week slowdown from March 25 due to the coronavirus outbreak.
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02/04/2020
Global copper production in 2020 is impacted by the covid-19 outbreak, with data analytics firm GlobalData now forecasting output growth of 1.9% this year compared to the original forecast growth rate of 3.4%.
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25/03/2020
Precious gemstones miner Gemfields (LON: GEM) said on Tuesday that it expected to record $39.1 million in net profit after tax for 2019, compared to a net loss of $60.4 million in the previous year.
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25/03/2020
OceanaGold (TSX: OGC, ASX: OGC) has announced that the Waihi gold operation in the North Island of New Zealand will temporarily suspend the ongoing development of the Martha underground mine and go into care and maintenance for four weeks in response to covid-19 measures put in place by the New Zealand government.
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25/03/2020
Iron ore prices gained on Tuesday, trading at $83.97 a tonne according to Fastmarkets MB, and making up some lost ground after a sharp retreat at the start of the week.
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16/03/2020
Lucky Minerals (TSXV:LKY) announced that it is about to kickstart an exploration campaign at its Fortuna project, located in southern Ecuador.In a media statement, Lucky said that its crew is focused on gold discovery and consists of two senior and two junior geologists.
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16/03/2020
Brazilian miner Vale SA has included environmental, social and governance goals to the long-term variable compensation of its top management and resumed 2019 bonus payments, according to a securities filing on Saturday.
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16/03/2020
Vancouver-based silver, lead and zinc miner Silvercorp Metals (TSX: SVM) has been ramping up operations at its Ying and GC mines in China since mid-February with no reportable incidents, and in full compliance with government measures implemented to limit the potential transmission of Covid-19, the company said.
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10/03/2020
Freeport-McMoRan (NYSE: FCX) announced on Monday that it will grow its copper and gold volumes by 30 to 40%.The company also said it will reduce net unit cash costs of copper by 25% to approximately $1.30 per pound and more than double its cash flows by 2021, compared with 2019.
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