July 3, 2020

Germany’s plan to exit coal by 2038 made law

The lower house of parliament has passed a bill on the country’s exit from coal as a power source.

July 2, 2020

Midas Gold’s Stibnite project set for public review next month

The project is expected to produce 388,000 oz gold per year for the first four years.

July 2, 2020

Commodity freighters are shrugging off covid-19 for now

The cost of moving coal and iron ore across the world’s oceans is surging as China lifts cargo purchases.

July 2, 2020

A miraculous covid-19 recovery but Dr Copper needs more tests

LME three-month copper ended the first half of the year at $6,015 per tonne, up a whopping 38% from March lows.

July 2, 2020

Codelco says more pandemic restrictions would be ‘catastrophic’

The miner giant had held output and shipments of copper steady despite the growing crisis.

July 1, 2020

Gold futures fall from eight-year high on factory data, vaccine

The metal is still up about 17% this year.

July 1, 2020

Argonaut completes merger with Alio

The combined company is expected to produce over 235,000 gold-equivalent ounces annually.

July 1, 2020

Peru mining activity falls in May for third straight month

The national INEI statistics agency said May copper output fell by 42.2%, while gold was down 65.1%.

July 1, 2020

Victoria Gold reaches commercial production at Eagle mine

The mine is expected to produce 210,000 oz gold annually, making it the largest in Yukon's history.

June 30, 2020

Egypt says $1.8 billion gold deposit found

With estimated resources of 1 million gold ounces, the deposit was found on a concession run by state-owned Shalateen Mining Company.