Jiangxi Copper plans to lift 2020 output by 6% y/y, but warns of virus impact
Last year's net profit was Jiangxi Copper's best since 2014.
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Vale says resumption of lost capacity could be slowed
Vale calculates roughly 18 million tonnes of output could be interrupted in the transoceanic market.
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.
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.
