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.

April 28, 2020

Boliden Q1 core profit slumps as mines business weighs

First quarter operating profit declined 25% from a year earlier.

April 27, 2020

In global electricity slump, coal is the big loser

In the US, coal’s share of power generation has dropped more than 5 percentage points since February.

April 27, 2020

CEO of Metalloinvest dies at 52

Andrey Varichev was being treated for pneumonia at a private clinic in Moscow.

April 27, 2020

The Fed can’t print silver

The Silver Institute expects silver prices to hit $19/oz before year-end.

April 27, 2020

Lockdowns and low prices generate nickel supply shock

Nickel recovered from a four-year low of $10,865 a tonne in March to a current $12,820.