Venezuela asks Bank of England to sell its gold to UN – sources
The effort signals that Maduro is desperately seeking financial resources as the country’s economy struggles.
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Nornickel draws on credit lines to build cash buffer
Earlier, the company reported a fall in first quarter palladium and nickel output.
China Moly shrugs off South Africa port disruption as DRC cobalt sales rise
Copper output from Tenke Fungurume was up 5.4% at 42,694 tonnes in the first quarter.
Glencore joins mining industry’s rush to cut spending
Swiss miner and trader reduces capital expenses by $1 billion, outlines production impact of covid-19.
Implats cuts output guidance as coronavirus weighs
Company expects annual refined production of between 2.6 million and 2.9 million ounces this year.
Endeavour Silver to reopen Mexican mines
President Andres Manuel Lopez Obrador said he would allow the restart of certain mining activities before June.
Rise Gold closer to reopening historic California mine
Idaho-Maryland was reportedly the second-largest gold mine in the United States in 1941.
Royal Road negotiates with informal miners in Colombia
The Jersey-based miner has executed formalization agreements with the proprietors of the La Candelaria and San Miguel mines.
Codelco raises $800 million to face crisis
Chile’s state-owned copper miner said it received more than 320 orders, worth $10.6 billion, the highest ever for a Codelco bond.