June 12, 2020

Top miners in good position to weather covid-19 – report

PwC forecasts that miners will take a hit to EBITDA of approximately 6% in 2020.

June 12, 2020

India’s NMDC halts key iron ore mine

The 6 million tonnes per annum Bacheli mine is NMDC's largest, accounting for nearly 40% of its annual production capacity.

June 11, 2020

PNG amends mining laws to boost revenue

The country says it would not break legitimate exploration or development contracts or agreements.

June 10, 2020

Mining billionaires who made their fortunes the fastest

The richest in the sector took 16 years on average to make a billion dollars.

June 10, 2020

Covid-19 has everyone ditching coal quicker – except Asia

In Asia, the appetite for coal is roaring back and expected to continue growing.

June 9, 2020

Gold imports by India tumble for a second month

Imports slumped by about 99% in May, disrupted by restrictions to control the coronavirus outbreak.

June 9, 2020

Saudi Arabia aims to boost investment with mining law

The kingdom's unused mineral resources are valued at $1.3 trillion.

June 9, 2020

Thunderstruck to raise $1m to drill at Fiji gold prospect

The Canadian miner has defined five prospective gold-silver targets over a three-kilometre geologic structure.

June 8, 2020

Iron ore soars as Vale ordered to shut down mines

A Brazilian judge ordered the closure of the Conceição, Cauê and Periquito mines after 188 workers tested positive for covid-19.

June 7, 2020

Vedanta books $1.7 billion loss in Q4 as oil prices plunge

The company took a one-time loss of 171.3 billion rupees in the March quarter, mainly due to an impairment of assets at its Oil & Gas business.