April 24, 2020

Miners will weather the covid-19 storm — report

Resilience and better financial positions built over past years will shield miners, Fitch says.

April 24, 2020

Rio Tinto boosts budget for Citadel copper project

Rio will spend A$9.2 million ($5.9m) on exploration at the project, a joint venture with junior Antipa Minerals.

April 24, 2020

Freeport ramps up cost-cut measures, shares rise

Company, whose shares climbed over 6% in NYSE, announced a $1.3 billion cut to its 2020 estimated operating costs.

April 24, 2020

Falcon Gold to consolidate lands on Central Canada Belt

The Vancouver-based company signed a deal to acquire two large patented claim blocks in Ontario.

April 23, 2020

Major miners braced to weather coronavirus, but cash-poor minnows in peril

Gold miners are well placed to weather the downturn, but those in energy and battery materials will struggle.

April 23, 2020

MMG copper output sinks on Peru force majeure

Production declined 20% in Q1 due mainly to disruptions at its Las Bambas mine in Peru.

April 23, 2020

Anglo American to cut capex, costs due to coronavirus impact

Anglo's exposure to South Africa, which accounts for about half of its profits, has forced the company to cut spending and reduce costs.

April 22, 2020

Pandemic puts China metals supply chain in jeopardy

China boosted copper imports in March, but still faces challenges as key suppliers are cutting output.

April 22, 2020

Newmont increases quarterly dividend by 79%

Dividend of $0.25 per share to be paid at the close of business on June 4.

April 22, 2020

PolyMet appeals air permit decision on controversial Minnesota mine

If permitted, PolyMet's proposed $1 billion project would become Minnesota’s first copper-nickel mine.