Newmont launches $20 million support fund to combat pandemic
The fund will focus on three key areas: employee and community health, food security, and local economic resilience.
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Gold shows few signs of return to normal with spreads still wide
The gold market is showing little signs of going back to normal.
Covid-19: Mining industry responds with help for communities
Mining Association of Canada has brought 18 partners together to donate a total of C$36,000 to food banks across the country.
World’s deepest mines to take weeks to reopen after shutdown
Ramping up production at the world’s deepest mines could take three to four weeks.
Petra in talks for more credit as pandemic takes shine off diamonds
The company is in talks with its lenders to access $54.95 million in credit.
Force majeure declared at giant Peru copper mine
MMG has notified customers, including three major Chinese smelters according to Reuters.
Chile’s outsourced Codelco workers slam suspension of contract work over coronavirus
The Confederation of Copper Workers complained Codelco made the decision without seeking their input or alternatives.
BHP confirms first two cases of coronavirus at Escondida mine
One in-house worker and one contractor had shown symptoms and tested positive.
Eldorado Gold output jumps by 40% in first quarter
While gold production in the first three months of the year climbed to 115,949 ounces from 82,977 last year, it was lower than expected.