May 3, 2020

Glencore’s Zambia subsidiary to resume mining operations temporarily

Mopani will resume activities for 90 days but still expects to place its mining operations on care and maintenance afterwards.

May 3, 2020

Copper market heading for 200,000-300,000 tonne surplus in 2020 – Antofagasta chief

Antofagasta chief executive said operation halts at some mines are offsetting depressed demand due to the covid-19 pandemic.

May 1, 2020

Agnico Eagle issues new 2020 guidance, keeps dividend

Gold production for 2020 is expected to be 1.63 to 1.73 million ounces, compared to withdrawn guidance of 1.875 million ounces.

May 1, 2020

Court orders PNG to negotiate Porgera permit with Barrick

Judge has instructed the parties to report on the progress of talks before returning to court on May 8.

April 30, 2020

CHART: Covid-19 disrupts $6.9 billion of global mining output

New report shows operations at 260 mines in 33 countries have been suspended – South Africa, US, Mexico hardest hit.

April 30, 2020

Fortescue posts 10% rise in Q3 iron ore output

Company upgraded its guidance for 2020 shipments to 175-177 million tonnes based on strong operating performance.

April 30, 2020

Yamana hikes dividend, cuts guidance

This is the third dividend increase announced by the company over the past year.

April 30, 2020

Hedge fund pushes Teck to abandon oil, replace CEO

Tribeca Investment Partners said changes would improve Teck’s environmental credentials.

April 30, 2020

Mexican miners ask US to consider it on re-opening

Talks are ongoing both domestically and internationally in North America over how to re-open supply chains.

April 30, 2020

Nornickel draws on credit lines to build cash buffer

Earlier, the company reported a fall in first quarter palladium and nickel output.