AngloGold Ashanti cuts spending, suspends output guidance
The company said current shutdowns would reduce its output by 30,000–40,000 ounces this year.
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Aluminium surplus to balloon as producers resist output cuts
Wood Mackenzie expects to see a surplus of at least 1.5 million tonnes this year.
Petra Diamonds halts 2020 production target
Facing a 21-day lockdown due to covid-19, the miner withdrew its full year production outlook of 3.8 million carats.
Zen scales up graphene production
The Canadian company announced that, while eliminating non-core activities due to the covid-19 pandemic, scaling up the manufacturing of products based on its trademarked Albany Pure Graphene.
Australian gas companies explore renewable hydrogen market
Four major gas producers and distributors are asking the international hydrogen supply chain for advice.
Despite shutdowns, there’s enough gold refining to meet demand — LBMA
Refiners, shippers and banks are working to make sure the metal can be transported.
South Africa lockdown to hit Anglo American output
Most of the company’s mines remain open, but with reduced workforce and production.
Freeport-McMoRan in talks to allow limited operations at Peru’s Cerro Verde mine
The mine was temporarily transitioned to a care and maintenance status on March 16 after the Peruvian government declared a 15-day emergency to battle the coronavirus.
ESG issues limit US coal industry’s resistance to pandemic – report
The outlook for coal-fired power plants in the US has darkened over the past few months, Moody’s Investors Services said.