March 10, 2020

Copper Mountain cuts targets amid market rout, virus fears

Miner now expects to produce between 86 and 94 million pounds of copper this year, down from a previous estimate of 100-113 million pounds.

March 9, 2020

Chile’s main copper mines report mixed results, revenue drop

State-owned Codelco led the drop as it produced 6.8% less in January than in the same month last year.

March 9, 2020

Ivanhoe hails progress at Kamoa-Kakula, Platreef

Production at the giant DRC copper mine is slated for the third quarter of 2021.

March 9, 2020

Gold slides below $1,700 as investors look everywhere for cash

Not even gold is immune to the barrage of selling that’s hitting global markets today.

March 7, 2020

Central banks search for answers to virus impact

Policymakers got a wake-up call last week as the Federal Reserve’s emergency interest rate cut did little restore confidence.

March 6, 2020

Gold has biggest weekly gain since 2016 as virus fears deepen

Bullion still gained nearly 7% this week, fulfilling its role as insurance at a time when the outbreak is shaking investor confidence.

March 6, 2020

China warns metals firms not to race back from virus

China Nonferrous Metals Industry Association said 76% of its members had gone back to work.

March 6, 2020

Amplats declares force majeure, cuts output forecast

The south African miner lowered total platinum group metals guidance for 2020 from 4.2-4.7 million ounces to 3.3-3.8 million ounces.

March 5, 2020

West Kirkland wins favorable permitting decision for Nevada project

The latest permitting decision pertains to the second phase Hasbrouck mine and follows a 28-month process.

March 5, 2020

Glencore finds facts that “may be relevant” to corruption probes

The Swiss miner and commodity trader is being investigated for alleged corruption and bribery in the UK, US and Brazil.