Canada Mining Association applauds 75% wage subsidy
Businesses and nonprofit organizations seeing a drop of at least 30% in revenue due to covid-19 will be eligible for the program.
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Premier offers Centerra $205m for Ontario project
The offer consists of a $175-million cash payment and the assumption of all Centerra’s obligations under the partnership agreement.
Harmony Gold curbs output as it shuts nine mines
It expects to only produce between 650kg to 700kg of gold in South Africa during the 21-day lockdown imposed by the government.
Global M&A dwindle as coronavirus batters world’s economies
With large swathes of the globe shut down, the M&A pipeline remains patchy and likely to be dominated by rescue deals.
Lynas to follow Malaysia’s movement curbs extension to mid-April
The Malaysian processing plant of the world's biggest rare earths producer outside China.
First batch of test kits for covid-19 aquired by Vale arrives in Brazil
The test kits - produced by Chinese company Wondfo - were donated by Vale.
First Cobalt produces battery-grade cobalt sulphate
First Cobalt owns the only fully permitted cobalt refinery capable of producing battery grade material in North America.
TMAC releases Hope Bay PFS with new 4,000 t/d plant scenario
Last year, Hope Bay produced 139,510 oz. of gold.
Wireless sensors enable automated machine monitoring
SKF has released a compact vibration and temperature sensor, which monitors the condition of rotating parts on heavy machinery.
