July 20, 2020

Pan American suspends Peru operations

Company is moving its Huaron and Morococha operations into care and maintenance in response to several workers at the mines recently testing positive for covid-19.

July 20, 2020

Jiangxi Copper sells shares in First Quantum

The Chinese company bought its equity stake in the miner in December 2019.

July 20, 2020

Vale nominates Denis Cuenca as COO

His nomination comes after the board approved the creation of a compliance division as part of recommendations given by an independent committee in February.

July 19, 2020

Sumitomo scores legal victory in Bolivia

The Plurinational Constitutional Court ruled that due process was violated in a two-year-long labour dispute.

July 19, 2020

BHP’s C-19 Tracer app may be rolled out within Chile’s mining industry

Local media report that BHP is proposing the idea of expanding the use of the covid-19 contact tracing app beyond its mine sites.

July 17, 2020

US asks judge to block miner’s share sale of Citgo parent

Crystallex International is seeking to enforce a $1.4 billion arbitration award against Venezuela, most of which remains unpaid.

July 17, 2020

Despite Brazil’s covid-19 spike, Minister of Mines optimistic

Bento Albuquerque said revenue from mineral production in H1 2020 was 1% higher than in the first half of 2019.

July 17, 2020

Intergovernmental Forum calls for resource taxation re-evaluation

IGF has launched the Future of Resource Taxation, a new initiative aiming to improve the way governments collect revenue from the mining sector.

July 17, 2020

RBC hikes silver price forecasts

RBC Capital Markets has raised its silver price forecasts by 16% in 2020, 17% in 2021 and 14% in 2022.

July 17, 2020

Court suspends Vale’s $1.5bn deposit in Brumadinho case

The amount would ensure the enforcement of any potential fine or forfeiture of assets, rights and values related to the disaster.