April 17, 2020

INTERVIEW: Adolfo Vera CEO, Southern Peaks

Company experienced challenges in 2019, one of which was the delay in obtaining a permit to expand capacity at Condestable.

April 17, 2020

Coronavirus distress is M&A opportunity for Rio, rivals

After years of buying at the peak of the economic cycle and selling in the trough, the world’s big diggers could do the reverse.

April 17, 2020

Zinc supply cuts outstripped by demand destruction from coronavirus

BMO estimates global zinc demand will fall by about 6% this year.

April 17, 2020

Newmont to reopen some Canadian, South American mines in ‘days or weeks’

Authorities in Buenos Aires and Quebec have lifted restrictions around mining which they have deemed as an “essential service”.

April 17, 2020

Rio lowers copper target at Oyu Tolgoi

The company won't meet its previous production guidance of 530,000-570,000 tonnes.

April 16, 2020

Mexico’s large miners can withstand impact of coronavirus 3-month shutdown

S&P believes companies are able to absorb a drop in EBITDA of 15% to 20%.

April 16, 2020

INTERVIEW: Víctor Gobitz, president Peruvian Institute of Mining Engineers

The lockdown on March 15th caught the mining industry by surprise.

April 16, 2020

Top managers at mining group Eramet agree to pay cuts

Chairman and CEO Christel Bories will forego 25% of her pay and contribute money to the company's solidarity plan.

April 16, 2020

Argentina’s fledgling lithium sector clipped by coronavirus

The pandemic has already stymied a US push to develop lithium, while miners have warned the virus could hit to sales and prices further this year.

April 16, 2020

Barrick maintains 2020 guidance despite output drop

It expects first-quarter gold production to fall by 8.5% due to global efforts to stop the spread of covid-19.