South32 files request for arbitration in Colombia royalty dispute
There is a dispute over royalty payments from its majority-owned Cerro Matoso ferronickel mine.
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Polymetal signs offtake deal with Blackham
The companies have formed an alliance, with the aim of reducing the global environmental footprint of concentrate processing.
Resolute closes Ravenswood mine sale
Resolute has also upgraded its production guidance for 2020 to 430,000 oz.
Coronavirus pushes London banks to consider additional gold storage sites
The five banks that clear gold trades are considering expanding their network of storage locations to other countries if it becomes impossible to fly enough gold in and out of London.
Petra Diamonds founder steps down
Adonis Pouroulis was the company’s founder and chairman for 23 years.
Lead’s viral resistance carries a lesson for other metals
Lead, trading in London at $1,725 per tonne, is down by just 10.1% so far this year.
Vale says resumption of lost capacity could be slowed
Vale calculates roughly 18 million tonnes of output could be interrupted in the transoceanic market.
Canada Mining Association applauds 75% wage subsidy
Businesses and nonprofit organizations seeing a drop of at least 30% in revenue due to covid-19 will be eligible for the program.
Premier offers Centerra $205m for Ontario project
The offer consists of a $175-million cash payment and the assumption of all Centerra’s obligations under the partnership agreement.
