July 16, 2020

Barrick sees 15% drop in gold output on covid-19, dispute

Barrick Gold expected a 15% decline in second-quarter production after covid-19 stoppages in Argentina and a dispute in Papua New Guinea.

July 15, 2020

ESG to play a greater part in post-covid mining – survey

Almost half of White & Case survey respondents see increased taxation as the way resource nationalism is most likely to manifest itself in the wake of covid-19.

July 15, 2020

Covid-19 disrupts $8.8 billion of global mining output

In total, $8.84 billion in mining revenue is at-risk, with disruptions to 275 mine sites in 36 countries.

July 15, 2020

JX Nippon aims to boost Chile copper mine output

JX plans to increase the annual output at its Caserones mine by 13% in the next three years.

July 15, 2020

Kunming partners with Rio Tinto for Argyle diamonds

The Hong Kong firm will be entrusted with the care and custody of the gems.

July 14, 2020

“Nature-first” mining could create $3.5 trillion market by 2030 — report

The World Economic Forum estimates that 395 million new jobs could be created by 2030 if businesses prioritize nature.

July 13, 2020

OceanaGold still waiting on formal order over Didipio dispute

The company applied for an injunction in July 2019 as a temporary measure to operate while it challenges the legality of the order.

July 13, 2020

India’s gem, jewellery exports in record fall

Exports fell a record 55% in June quarter from a year ago to $2.75 billion as processing units were affected by covid-19 pandemic.

July 12, 2020

Japan to strengthen control over rare metal reserves

A report by market consultancy firm Argos states that the Ministry of Economy wants to keep inventory targets and actual stockpile levels secret.

July 10, 2020

IEA warns oil demand recovery at risk from virus resurgence

Global oil supply dropped to a nine-year low of 86.9-million barrels a day last month.