80% of Mexico mines have restarted operations
Mexico largely shut down the mining sector in late March in response to covid-19 and started to allow restarts in mid-May.
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Covid, debt and precious metals
Precious metals are loving the uncertainty the coronavirus has created.
US copper concentrate heads to China again after tariff relief
A shipment of around 10,000 tonnes for China Copper, part of state-run Chinalco, is due to arrive in mid-June.
Copper, iron ore prices surge on signs of quick global recovery
Chinese iron ore stockpiles fall to near-four year low and copper price may escape worst of downturn, says new report.
Excellon restarts Mexico operations, stock rises
Excellon reported production of 523,742 silver equivalent ounces for Q1 2020, compared to 522,261 in Q1 2019.
Avino restarts Durango mine, shares up
The Avino mine produced a record 262,238 silver ounces in Q1.
Coal earnings set to plunge 50% in North America
Coal consumption will be crushed in 2020, said Moody’s.
Klondike Gold begins drilling in Yukon
Shares of Klondike Gold jumped as much as 6.6% on Monday.
Metal inventories pile up in factories, smelters
Aluminum inventories have already climbed and are forecast to surge by 5 million tonnes by the end of 2020 to 16 million.