July 21, 2020

Wall Street is throwing billions at once-shunned gold miners

Precious metals miners, once seen as too leveraged and high risk, raised $2.4 billion in secondary equity offerings last quarter.

July 21, 2020

Vale says Q2 output rises 5.5% despite pandemic

Company's second-quarter iron ore production totalled 67.6 million tonnes.

July 21, 2020

Creditors of German lead plant in talks with Glencore

Weser-Metall GmbH in Nordenham produces about 105,000 tonnes of lead annually and is one of Europe’s main lead producers.

July 21, 2020

BHP hits record iron ore output but warns of risks from virus

The miner met guidance for its iron ore production of a record 67 million tonnes.

July 20, 2020

Stuck with coal pits the world needs, but few want

BHP’s unsuccessful effort over the past year to offload the Mt Arthur coal mine highlights the predicament producers are in.

July 20, 2020

Pan American suspends Peru operations

Company is moving its Huaron and Morococha operations into care and maintenance in response to several workers at the mines recently testing positive for covid-19.

July 20, 2020

Jiangxi Copper sells shares in First Quantum

The Chinese company bought its equity stake in the miner in December 2019.

July 20, 2020

Billionaire commodity trader retires from Glencore

Daniel Mate, Glencore’s fifth-largest shareholder, is handing over trading of zinc and lead to Nick Popovic.

July 20, 2020

Vale nominates Denis Cuenca as COO

His nomination comes after the board approved the creation of a compliance division as part of recommendations given by an independent committee in February.

July 20, 2020

Yamana Gold to list on LSE, aims to hike dividends

Company's executive chairman said the miner could raise its dividend by a third as the company gears up for a London listing.