Warlord-linked Sudanese firm hands over mines Company linked to the country’s most powerful militia leader is surrendering a network of mines that at one stage produced a third of the nation’s gold. Bloomberg News | May 5, 2020 | 10:29 am
Top coal miner seeks loans as lockdown saps payments Bharat Coking Coal, a unit of Coal India, is planning a debt-raising to meet expenses. Bloomberg News | May 5, 2020 | 10:03 am
Belgian bling’s back with reopening of world’s top diamond hub About 600 trading companies in the Square Mile diamond district of Antwerp shut their doors during the two-month lockdown. Reuters | May 5, 2020 | 10:00 am
Uralkali slams Belarus – China potash deal Russian producer said it might not be prepared to conclude contracts at the $220 per tonne price agreed between BPC and China. Cecilia Jamasmie | May 5, 2020 | 9:50 am
Iamgold lowers 2020 guidance, shares down Company achieved target production in Q1 with 170,000 ounces, down 3,000 ounces from the same prior year period. Bruno Venditti | May 5, 2020 | 9:42 am
Funds don’t buy into Doctor Copper’s recovery story Copper has staged a partial recovery from its initial covid-19 price shock. Reuters | May 5, 2020 | 9:32 am
Coal snags $31 million in US stimulus loans for small business The coal company funding came after the industry successfully lobbied the Trump administration to add the sector to its list of essential industries. Bloomberg News | May 5, 2020 | 9:20 am
Liberia ministry says two killed in mine collapse Officials say around 50 people were missing following the incident. Reuters | May 5, 2020 | 9:05 am
Freeport-McMoRan to cut molybdenum production at Colorado mine Freeport plans to cut output by 50 percent at its Climax molybdenum mine. Reuters | May 5, 2020 | 8:42 am