CHART: Covid-19 disrupts $6.9 billion of global mining output
New report shows operations at 260 mines in 33 countries have been suspended – South Africa, US, Mexico hardest hit.
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Monarch drills 109 m of 3.33 g/t gold at Fayolle; shares up
Monarch’s stock rose 13% on Thursday on the TSX.
Fortescue posts 10% rise in Q3 iron ore output
Company upgraded its guidance for 2020 shipments to 175-177 million tonnes based on strong operating performance.
Gold price back below $1,700 despite surge in ETF buying
Spot gold is back below the $1,700/oz mark, down nearly 2% to $1,686.
Yamana hikes dividend, cuts guidance
This is the third dividend increase announced by the company over the past year.
Hedge fund pushes Teck to abandon oil, replace CEO
Tribeca Investment Partners said changes would improve Teck’s environmental credentials.
Mexican miners ask US to consider it on re-opening
Talks are ongoing both domestically and internationally in North America over how to re-open supply chains.
Belarus scores potash contract with Chinese consortium
It's the first muriate of potash (MOP) contract since September 2018.
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.