Rosneft sells Venezuelan assets as fight with US grows
Rosneft sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions.
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Namibia suspends mining operations as coronavirus lockdown takes effect
On Saturday, the country entered its first day of a partial lockdown as a response to the COVID-19 pandemic.
Guinea partners with China-backed consortium at Simandou
The Simandou deposit holds estimated reserves of more than 2 billion tonnes of high-grade iron ore.
Seabridge reports net loss for 2019
The company posted a net loss of $11.6 million in 2019, compared to a loss of $19.9 million in 2018.
Gold stranded by coronavirus may travel on chartered flights
Suppliers are in talks to use chartered or cargo flights to transport the precious metal.
Mine closure impact on global copper supply – report
Copper price collapse and containment measures are posing a significant risk to global copper mine supply, says Wood Mackenzie.
Aurubis plant in Italy closed as coronavirus shutters economy
Europe's biggest copper smelter Aurubis said its operations in Italy had been closed for a week.
So much for the miners’ rally…
Silver and mining stocks are likely to decline much more than gold.
Polyus to launch covid-19 response fund in Russia
A portion of the fund will be allocated to the Magadan region and Yakutia, Polyus’ principal regions of operations.
