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.

April 27, 2020

Grupo Mexico’s first quarter results turn negative

Company registered a net loss of $369.2 million during Q1.

April 27, 2020

Silvercorp to buy Guyana Goldfields in $75m deal

This transaction will create a new globally diversified precious metals producer.

April 26, 2020

Six workers at Fortuna Silver Mines’ Peruvian operation test positive for covid-19

The six people have been isolated and are being monitored by medical personnel.

April 24, 2020

Miners will weather the covid-19 storm — report

Resilience and better financial positions built over past years will shield miners, Fitch says.

April 24, 2020

PHIL expands Rear Eject Body production to Brazil

Production will begin in the second quarter of this year.

April 24, 2020

Freeport ramps up cost-cut measures, shares rise

Company, whose shares climbed over 6% in NYSE, announced a $1.3 billion cut to its 2020 estimated operating costs.

April 23, 2020

SQM warns plans could change as covid-19 hits demand

Economic slowdowns during the pandemic have ravaged demand in top markets like China.

April 23, 2020

Mine shutdowns plague metals even as some slowly return to work

The fallout is difficult to quantify as countries extend, revise or relax measures to contain the crisis.

April 23, 2020

Major miners braced to weather coronavirus, but cash-poor minnows in peril

Gold miners are well placed to weather the downturn, but those in energy and battery materials will struggle.