April 23, 2020

Mine shutdowns plague metals even as some slowly return to work

The fallout is difficult to quantify as countries extend, revise or relax measures to contain the crisis.

April 23, 2020

Major miners braced to weather coronavirus, but cash-poor minnows in peril

Gold miners are well placed to weather the downturn, but those in energy and battery materials will struggle.

April 23, 2020

Lockdown to cut Gold Fields’ South Deep output

Company expects to lose 32,000 ounces of production.

April 23, 2020

Amplats targets $211 million in savings to offset lockdown losses

The company has suffered a 7% drop in first-quarter output of platinum group metals.

April 23, 2020

Sibanye-Stillwater pulls 2020 outlook, to resume South African ops

The firm said it would resume gold and platinum operations in South Africa in the next two weeks.

April 23, 2020

De Beers axes production forecast amid market collapse

As many other diamond miners, De Beers is trying to weather a shutdown of the global supply chain.

April 22, 2020

Mozambique’s giant ruby mine boosts security after virus empties local jail

Security guards have been equipped with firearms and patrol dogs have been deployed at the Montepuez mine, Gemfields said.

April 22, 2020

Zambia mining firms seek government relief amid coronavirus

The Zambia Chamber of Mines has submitted a broad three-phase economic plan to the government.

April 22, 2020

Glencore takes giant Congo cobalt mine private

Shares in Toronto-listed Katanga Mining surged 113% after the announcement.

April 22, 2020

Petra moves towards $650 million debt restructuring

The company announced in February it was looking at strategic options in relation to its debt due in 2022.