Grupo Mexico’s first quarter results turn negative
Company registered a net loss of $369.2 million during Q1.
Latest Stories
Poland’s biggest coal group shuts mines due to epidemic
PGG confirmed 38 coronavirus cases in the Murcki-Staszic mine in Katowice and 32 cases in the Jankowice mine in Rybnik.
Zijin axes expected gold output after losing PNG mine
It plans to speed up the construction of the Longnan Zijin project in China and look into acquisitions to offset the loss of Porgera.
De Beers boosts output by 5.8% in Namibia
Namdeb, a joint venture between the Namibian government and De Beers, produced 511,000 carats in the first quarter.
Australian miners can source equipment to continue operating amid pandemic
The Competition and Consumer Commission made the decision so that mining operations are not hampered.
Nano One’s cathode materials get thumbs up from automakers
The Vancouver-based company produces high-performance lithium-ion battery cathode materials using low-cost proprietary technology.
Silvercorp to buy Guyana Goldfields in $75m deal
This transaction will create a new globally diversified precious metals producer.
UN tribunal rules against Canada’s Edgewater in legal battle with Spain
The miner wanted to recover the $35 million it had invested in the Corcoesto gold project prior to it being refused license to operate.
Six workers at Fortuna Silver Mines’ Peruvian operation test positive for covid-19
The six people have been isolated and are being monitored by medical personnel.
