July 15, 2020

ESG to play a greater part in post-covid mining – survey

Almost half of White & Case survey respondents see increased taxation as the way resource nationalism is most likely to manifest itself in the wake of covid-19.

July 15, 2020

Covid-19 disrupts $8.8 billion of global mining output

In total, $8.84 billion in mining revenue is at-risk, with disruptions to 275 mine sites in 36 countries.

July 15, 2020

Kinross study pegs Lobo-Marte capex at $1 billion

The project’s economic returns are highly sensitive to the gold price.

July 15, 2020

Trevali restarts Santander mine in Peru

Mining and milling operations were suspended on June 25 after 19 workers tested positive for covid-19.

July 15, 2020

Workers at Antofagasta’s Zaldivar mine enter mediation to stave off strike

Workers voted in favor of a walk-off late last week after rejecting a new contract offer, which they said had stripped some current benefits.

July 15, 2020

Vale to set aside $1.4 billion for Brumadinho damages

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

July 15, 2020

JX Nippon aims to boost Chile copper mine output

JX plans to increase the annual output at its Caserones mine by 13% in the next three years.

July 15, 2020

Cornerstone Capital looks to replace SolGold board

Move by the Canadian junior, which has an 8% interest in SolGold, comes after it rejected the Ecuador-focused gold miner's second takeover approach.

July 14, 2020

“Nature-first” mining could create $3.5 trillion market by 2030 — report

The World Economic Forum estimates that 395 million new jobs could be created by 2030 if businesses prioritize nature.

July 14, 2020

BHP faces first step in $6.3 billion UK claim over Brazil dam failure

Claimants allege BHP ignored safety warnings as the Fundao dam's capacity was repeatedly increased by raising its height.