Gemfields swings to profit in 2019, but future uncertain
The emeralds and rubies miner is unsure whether scheduled auctions for 2020 will take place due to coronavirus.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Eldorado scales down operations at Lamaque mine in Quebec
The move comes as the province shutters all non-essential services following a dramatic spike in the number of coronavirus cases.
Gold juniors Meguma and Osprey to merge
The deal creates a major precious metal explorer in the Canadian province of Nova Scotia.
Congo’s key copper, cobalt provinces in two-day lockdown
The measure is expected to weigh heavily on copper output.
B2Gold halts mining in Philippines, Africa operations unchanged
Temporary suspensions come as government measures to contain the the spread of Covid-19 has disrupted fuel supplies.
Endeavour buys Semafo, creates one of West Africa’s top gold miners
The C$1 billion-deal brings about a top 15 gold producer, with combined volume of over 1 million ounces a year.
Newmont lowers 2020 guidance after halting four mines
Temporarily placing operations into care and maintenance over Covid- 19 concerns could see some production deferred into 2021.
Alamos buys back Island Gold NSR royalty, lowers cost guidance
Miner has acquired and cancelled a 3% net smelter return (NSR) royalty payable on production from its mine in Ontario, Canada.
Lundin places zinc expansion on back-burner over coronavirus
The miner said there had been no material impact on production or shipments from any of the company’s operations to date as a result of Covid-19.
Foresight latest US coal miner to file for bankruptcy
Company said a global economic slowdown triggered by the coronavirus epidemic had pushed it over the edge.
Copper’s tight supply and tariff risks set for a volatile 2026
Analysts warn structural deficits may start in 2026 as copper hits records, demand accelerates and supply struggles to keep up.
