May 21, 2020

CHART: Mining exploration spending to drop 29% this year

The rally in the gold price will not be enough to prevent 2020 turning into the worst year in 15 for global exploration spending.

May 21, 2020

Altamira Gold gets environmental permit to advance Brazil project

The permit supports the application for a trial mining license, which will allow for the processing of 100,000 tonnes of mineralized material per year.

May 20, 2020

CHART: Mining’s covid-19 capital spending cuts top $6bn

And 2020 copper production forecasts have been trimmed by nearly 400,000 tonnes due to covid-19 disruptions and delays.

May 20, 2020

Brazil court revokes decree that halted Vale operations

Authorities suspended Vale’s operating license after agents said that the company’s onsite activities have “not respected the rules of social isolation.”

May 20, 2020

Fresh study calls for moratorium on deep-sea mining

It warns that the impacts of nodule mining in the Pacific Ocean will be extensive, severe and last for generations.

May 20, 2020

Iron ore price surges on Brazil covid-19 crisis

Benchmark prices close in on $100 a tonne on Brazil supply fears — "You can't move dirt working from home."

May 20, 2020

Venezuela sues Bank of England for access to $1 billion in gold reserves

The Venezuelan bank had asked the BOE to liquidate the gold and send the funds to the UNDP.

May 20, 2020

Minas Gerais municipalities waiting on Vale royalties

Ten cities affected by the disaster at Brumadinho wait for Vale to transfer funds on a agreement to cover losses in mining royalties.

May 19, 2020

Mining companies rush to shield indigenous communities from coronavirus

ESG investment analysts say they are watching mining companies closely to see how they cope with the coronavirus crisis.

May 19, 2020

Brazil mining sector to quickly bounce back after covid-19

President of the industry association says the sector will be the first to respond to recovery of the Brazilian economy.