Petra Diamonds production, revenue knocked down by covid-19
Full-year revenue fell by a third as the diamond miner sold 23% fewer carats for 36% less revenue in the year to June 30.
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Newcrest quarterly output drops 13% but beats estimate
Production fell to 573,175 oz in the quarter, beating a UBS estimate of 547,000 oz.
Freeport CEO says no change of plans despite copper price rally
US copper giant Freeport McMoRan swings to profit in second quarter after cost-cutting program.
Petropavlovsk CEO says ‘business as usual’ despite boardroom battle
The miner reported a 42% increase in first-half total gold production to 320,600 ounces.
Zaldivar mine workers extend talks to avoid strike
Antofagasta and workers decided to extend government-mediated talks for a new union contract.
Epiroc expects pandemic to weigh on demand in near term
Second-quarter operating earnings at Epiroc fell to 1.42 billion Swedish crowns ($160 million), down from 2.26 billion crowns in Q1.
Rio Tinto seeking solutions that transform heat from underground mines into electricity
The world’s second-largest miner wants to launch a pilot project at its Arizona operation with the idea of extending it worldwide.
Australian government creates Radioactive Waste Agency
The creation of the agency is seen by the mining industry as a positive step towards developing nuclear technology expertise.
