Vale cuts production guidance again
The company attributed weak Q1 results to heavy rains, unplanned outages, regulatory delays linked to last year’s dam failure, and ongoing disruptions caused by the coronavirus.
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Lodge Resources acquires Idaho gold project
The Vancouver-based miner acquired the company that holds the rights to the Lemhi gold project.
Canadian Palladium’s Ontario drill campaign in yields positive results
The Vancouver-based company was able to complete 10 drill holes prior to shutting down due to the covid-19 pandemic.
Russia to grant full export rights to gold miners amid coronavirus
Decree seeks to support companies in shipping metal overseas as demand in the regular trade chain is hit by the coronavirus.
Nordgold to power up Guinea gold mine
The Russian gold producer aims to reduce emissions with the construction of a new 33 MW power plant at its Lefa mine.
Mexican union wants mining operations to resume in May
The Confederation of Mexican Workers asked the federal government to include mining in its list of ‘essential services.’
Zambian official says Glencore reverses plan to shutter copper mines
Glencore's decision to put MCM under "care and maintenance" sparked a backlash from Zambia's government.
First Quantum to evacuate 800 people from Cobre Panamá mine
Some 2,000 people were stuck at the mining complex when it entered into lockdown due to covid-19.
Never mind the bumpy ride. Emerging-market investors are back
Gains in coming days would extend the advances of the past two weeks, spurred by optimism of a coronavirus treatment and the prospect of a staggered reopening of the U.S. economy.
