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.

April 30, 2020

China Moly shrugs off South Africa port disruption as DRC cobalt sales rise

Copper output from Tenke Fungurume was up 5.4% at 42,694 tonnes in the first quarter.

April 30, 2020

Glencore joins mining industry’s rush to cut spending

Swiss miner and trader reduces capital expenses by $1 billion, outlines production impact of covid-19.

April 30, 2020

Codelco raises $800 million to face crisis

Chile’s state-owned copper miner said it received more than 320 orders, worth $10.6 billion, the highest ever for a Codelco bond.

April 29, 2020

Newcrest quarterly output drops almost 17%

Production in Q3 totalled 518,770 oz, about 45,000 oz lower than analyst estimates.

April 29, 2020

Rusal alumina plant in Ukraine may temporarily suspend output

The plant said its supplies of bauxite had fallen to critical levels and may soon be unable to maintain production on a four-day week basis.