Petra Diamonds delays interest payment to borrow $21m
The move would allow Petra to draw 400 million ($21m) rand of a 1 billion rand revolving credit facility to saty afloat.
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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.
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.
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.
China Moly shrugs off South Africa port disruption as DRC cobalt sales rise
Copper output from Tenke Fungurume was up 5.4% at 42,694 tonnes in the first quarter.