March 27, 2020 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.
March 27, 2020 South Africa lockdown to hit Anglo American output Most of the company’s mines remain open, but with reduced workforce and production.
March 26, 2020 Worldwide mining disruptions On a global scale, work is grinding to a halt and mines are being placed on temporary care and maintenance.
March 26, 2020 South African gold shipments to London have been cut off Rand Refinery, the continent’s only gold refiner, said it’s exploring back-up plans to meet its delivery commitments.
March 26, 2020 The gold market is being tested like never before Worldwide panic over the coronavirus outbreak and a flood of stimulus by central banks has ignited demand for one of humanity’s oldest methods of storing wealth.
March 26, 2020 Glencore closes operations in four countries over coronavirus curbs Glencore joins peers such as Anglo American, Antofagasta, Codelco and Teck Resources in temporarily closing or slowing some operations.
March 26, 2020 Barrick unveils 10-year plan to become world’s most valued gold miner The strategy sees it boosting production to 5 million ounces of gold a year, with the bulk coming from its North American operations.
March 26, 2020 Sumitomo halts mines in Bolivia, Madagascar Covid-19-related measure affects the company’s San Cristobal silver-zinc-lead mine and Ambatovy nickel mine.
March 25, 2020 Sibanye to put South African operations on hold The company also reduced the number of people at its US operations.
March 25, 2020 Centamin operations in Egypt unchanged The gold miner has postponed publication of its full year 2019 results for a minimum of two weeks.
Gold and silver prices stumble at the end of best year since the 1970s Both metals are on track for their best year since 1979. December 31, 2025 | 12:59 pm