May 1, 2020

Gold price set for biggest weekly decline since March

The metal is still set for its best month in nearly a year, but on pace for a 2% loss for the week.

May 1, 2020

Coal demand set for biggest annual drop since World War II

Global coal demand is estimated to fall by 8%.

April 30, 2020

CHART: Covid-19 disrupts $6.9 billion of global mining output

New report shows operations at 260 mines in 33 countries have been suspended – South Africa, US, Mexico hardest hit.

April 30, 2020

Belarus scores potash contract with Chinese consortium

It's the first muriate of potash (MOP) contract since September 2018.

April 30, 2020

Nornickel draws on credit lines to build cash buffer

Earlier, the company reported a fall in first quarter palladium and nickel output.

April 30, 2020

Glencore joins mining industry’s rush to cut spending

Swiss miner and trader reduces capital expenses by $1 billion, outlines production impact of covid-19.

April 29, 2020

Rusal alumina plant in Ukraine may temporarily suspend output

The plant said its supplies of bauxite had fallen to critical levels and may soon be unable to maintain production on a four-day week basis.

April 29, 2020

Russian metals and mining firms reduce investment

Alrosa may review its 2020 production plan from the current 34.2 million carats as the pandemic hits its sales.

April 29, 2020

Russian central bank sees no need to restart gold buying

The central bank also said there was no need for it to start accepting gold pledged as collateral for the refinancing of banks’ debt.

April 28, 2020

Gold price on decline ahead of Fed decision

Gold declined for the third day in a row, but is still near its seven-year peak.