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.

June 15, 2020

Tajik-Chinese antimony project delayed to October

The venture could produce up to 21,000 tonnes of antimony and 2.5 tonnes of gold per year.

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.