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.
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Glencore joins mining industry’s rush to cut spending
Swiss miner and trader reduces capital expenses by $1 billion, outlines production impact of covid-19.
Endeavour Silver to reopen Mexican mines
President Andres Manuel Lopez Obrador said he would allow the restart of certain mining activities before June.
Rise Gold closer to reopening historic California mine
Idaho-Maryland was reportedly the second-largest gold mine in the United States in 1941.
Royal Road negotiates with informal miners in Colombia
The Jersey-based miner has executed formalization agreements with the proprietors of the La Candelaria and San Miguel mines.
Codelco raises $800 million to face crisis
Chile’s state-owned copper miner said it received more than 320 orders, worth $10.6 billion, the highest ever for a Codelco bond.
Newcrest quarterly output drops almost 17%
Production in Q3 totalled 518,770 oz, about 45,000 oz lower than analyst estimates.
Eskom shuts power plant after warning ash dam may collapse
The closure adds to the environmental challenges faced by the company, which produces almost all of South Africa’s power.
New Gold shares drop on Q1 financial results
Company reported an adjusted loss for Q1 at $18 million, or 3 cents per share, impacted by closure of the Rainy River mine.