June 24, 2020 Barrick to begin layoffs in PNG as lease dispute deepens About 2,650 PNG nationals would be retrenched by the end of July, the company said.
June 24, 2020 Ten countries control 50% of global gold reserves Although the United States continues to hold the largest gold reserves, China and Russia have emerged as the top buyers.
June 24, 2020 Experts call for plan to protect deep-sea life from mining Mining the sea floor opens a vast source of key metals needed for clean energy, but should start after a full evaluation of likely environmental impacts, report shows.
June 22, 2020 Maaden phosphate unit signs $4.1 billion finance deal The refinancing allows the business to reduce interest expense and pushes back the start of repayments until 2022.
June 22, 2020 Freeport Indonesia to shift to all-underground mining by 2022 Copper production to rise to 160,000 daily tonnes of ore for 2021 and 200,000 tonnes for 2022.
June 21, 2020 Fossilized fish linked to rare earths deposits Researchers discovered the origin of a large deposit of rare earths near the Japanese island of Minamitorishima.
June 19, 2020 Investors, corporates don’t view ESG risks alike – report The 2020 Metals and Mining Survey obtained responses from more than 100 corporate issuers and investors active in the sector.
June 19, 2020 State miner to acquire 20% stake in Vale Indonesia Vale will receive $290 million for the sale, in which Sumitomo is also participating.
June 18, 2020 India to end decades-old state monopoly on coal For the first time in almost 50 years, private companies would be allowed to mine and sell coal.
June 15, 2020 Global nickel output to decline 19% y-o-y in 2020 — report Over the coming months, Fitch expects nickel output to rise as prices improve and economies restart.
Copper poised for best year since 2009 after December surge All six base metals on the LME are headed for annual gains in a year that’s seen an array of supply-side pressures. December 24, 2025 | 10:11 am
