China aluminum dances to its own beat as LME stumbles Traders say weak demand for Chinese exports could soon take the shine off the market. Reuters | May 6, 2020 | 1:51 pm
Indian state says NMDC diverted CSR money to Modi’s coronavirus fund The Chhattisgarh state chief also said the iron ore miner had not paid $134.5 million in remaining penalties over alleged violations. Reuters | May 6, 2020 | 12:37 pm
Kirkland Lake’s strong Q1 results boosted by Detour First-quarter revenue of $554.7 million jumped 82% from $304.9 million in the year-ago period. Bruno Venditti | May 6, 2020 | 11:59 am
Falling peso affects Torex’s Q1, shares drop The miner reported a net loss of $47 million on revenue of $172 million for the quarter. Canadian Mining Journal Staff | May 6, 2020 | 11:46 am
Gold price back below $1,700 Gold futures also narrowed its lead over spot prices as world's top gold refiners restore operations. Jackson Chen | May 6, 2020 | 11:34 am
Condor granted permit to develop third pit at La India Condor Gold shares jumped 23.6% to a near 52-week high on Wednesday. Jackson Chen | May 6, 2020 | 11:32 am
HSBC reveals it was caught out as lockdowns snarled gold market In a filing, the bank cited “delivery disruptions in the gold market” as one reason why it breached its value-at-risk limits 12 times in March. Bloomberg News | May 6, 2020 | 10:53 am
Harmony to issue $200m worth of shares for AngloGold deal Harmony has also withdrawn its annual production guidance for the financial year. Reuters | May 6, 2020 | 9:18 am
Blast at Anglo American coal mine in Australia injures five The incident is the company's second in 15 months in the area. Reuters | May 6, 2020 | 8:10 am