Top miners in good position to weather covid-19 – report
PwC forecasts that miners will take a hit to EBITDA of approximately 6% in 2020.
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B2Gold doubles quarterly dividend
Company also expects to increase annual dividend from $0.04 to $0.08 per share.
Appia to drill at world’s 2nd richest rare earth prospect
Alces Lake is located north of Lake Athabasca and the Athabasca Basin, about 34 km east of Uranium City.
Artemis raises $114m to fund Blackwater purchase
Company will use the proceeds to fund the initial payment of C$140 million.
Congo miners may breach rights with virus controls
Most of Congo’s mines have continued to operate amid the pandemic.
Insurers distance from Adani project amid global coal backlash
The pushback comes after it was reported that three major insurance groups charged Adani for policies covering work at Carmichael since November.
Evrim and Renaissance join in ‘merger of equals’
The new company will have a royalty portfolio that includes a 2% net smelter return royalty on First Majestic’s Ermitano West gold deposit in Sonora.
India’s NMDC halts key iron ore mine
The 6 million tonnes per annum Bacheli mine is NMDC's largest, accounting for nearly 40% of its annual production capacity.
Rio Tinto chief says sorry for sacred caves blast
Australia's Senate agreed to begin a national inquiry into how the destruction of two ancient and sacred Aboriginal caves occurred.