Petra in talks for more credit as pandemic takes shine off diamonds
The company is in talks with its lenders to access $54.95 million in credit.
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Force majeure declared at giant Peru copper mine
MMG has notified customers, including three major Chinese smelters according to Reuters.
Chile’s outsourced Codelco workers slam suspension of contract work over coronavirus
The Confederation of Copper Workers complained Codelco made the decision without seeking their input or alternatives.
BHP confirms first two cases of coronavirus at Escondida mine
One in-house worker and one contractor had shown symptoms and tested positive.
Eldorado Gold output jumps by 40% in first quarter
While gold production in the first three months of the year climbed to 115,949 ounces from 82,977 last year, it was lower than expected.
Barrick launches covid-19 support program in Tanzania
The miner committed $1.7 million to help prevent the spread of the virus in the east African country.
Alrosa implements guidance to avoid conflict diamonds
To guarantee compliance, the company launched an internal diamond supply chain management system.
Russia slams Trump’s order to spur mining on the moon
Space agency Roscosmos has likened the Presidential order to colonialism.
B2Gold posts record production, revenue in Q1
Revenue from its three operating mines was $380 million, a 44% improvement over the same period last year.
