Coronavirus bails out coal, oil patch
Hundreds of millions of dollars are likely to end up in the pockets of oil and coal investors.
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Sierra Leone detains five expatriate managers at iron ore mine
The arrests come amid the SL Mining’s legal battle with the government.
Gold price backs off from new 7-year high
Gold fell from a fresh seven-year high on Monday as early results from a coronavirus vaccine trial showed promising results.
Hochschild to restart operations at Peru mines
The company recently restarted operations at its San Jose mine in Argentina.
Russian army sets up mobile hospital at Olimpiada mine
Initial tests showed 866 positive cases among employees of the Polyus Krasnoyarsk unit as of Monday.
Freeport cuts workforce at Grasberg as coronavirus cases in area rise
Company did not say how many workers at the mine, which normally employs about 25,000 people, would be kept on to run the operation.
Ecuador to resume mining activities
Smaller mines in the south of the country have already started moving ore and concentrate to port.
South Africa’s Impala closes platinum mine due to coronavirus cases
Implats identified 19 positive cases of covid-19 during the week, all of them asymptomatic.
Mexican miner Peñoles to suspend zinc mine due to tough conditions, low prices
Peñoles said in a statement that it has begun laying off unionized workers in the unit.
