Coronavirus distress is M&A opportunity for Rio, rivals
After years of buying at the peak of the economic cycle and selling in the trough, the world’s big diggers could do the reverse.
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Indian gold demand could hit 3-decade low as lockdown hits festivals, weddings
Even before the lockdown gold demand was faltering in India.
Zinc supply cuts outstripped by demand destruction from coronavirus
BMO estimates global zinc demand will fall by about 6% this year.
Precipitate closes Barrick financing, stock up
Shares of Precipitate Gold rose to a six-week high early on Friday.
Nervous bankers leave the gold market stuck in disconnect
Gold has rarely been a hotter trade, but the world’s two most important markets remain out of sync.
Newmont to reopen some Canadian, South American mines in ‘days or weeks’
Authorities in Buenos Aires and Quebec have lifted restrictions around mining which they have deemed as an “essential service”.
Congo enacts plan to blunt virus impact as cobalt exports slump
Country will begin an information campaign for hundreds of thousands of hand-miners to offset the impact of the coronavirus pandemic.
The global airline shutdown has a surprise victim: gold miners
Producers typically rely on regular airline services to ferry mined metal.
Implats plans gradual return to operation after regulations eased
The platinum miner said it had been in consultations with the mines ministry to bring some non-essential workers gradually back to work.