As mining heavyweights South Africa and Peru move to lift coronavirus lockdowns, workers in deep mines are resisting going back to work without adequate protective gear and information about cases at sites, with one major union filing legal action agai…
World’s mine workers resist quick restart amid coronavirus Read More »
Caterpillar on Tuesday reported a steeper-than-expected decline in first-quarter earnings, with sales falling across all regions and all primary business segments as the coronavirus pandemic devastated economies around the world. The Deerfield, Illino…
Caterpillar earnings dive as coronavirus wreaks economic havoc Read More »
Democratic Republic of Congo imposed a 24-hour lockdown on the mining hub of Lubumbashi on Tuesday and was set to shut down Kasumbalesa, a border town on an copper export route, as authorities traced the contacts of a Covid-19 patient. Jacques Kyabula …
DRC locks down mining city and Zambia border town Read More »
China’s gold consumption fell by almost half in the first quarter as coronavirus containment measures and rising prices hit demand in the world’s biggest market, the China Gold Association said on Tuesday.
Consumption totalled 148.63 tonnes in Januar…
China’s first-quarter gold consumption cut in half by virus, price spike Read More »
Mongolia has scrapped an executive order calling for its giant Tavan Tolgoi coal project near its southern border with China to be funded through an international initial public offering, the country’s cabinet said.
The massive project with estimated…
Mongolia annuls IPO order for giant Tavan Tolgoi coal mine Read More »
Papua New Guinea has threatened to take control of a gold mine operated by Barrick Gold in the country after Barrick’s local unit suspended operations at the weekend following news the mine’s lease would not be renewed.
Barrick, one of the world’s bi…
Papua New Guinea warns Barrick over gold mine control Read More »
Miner BHP Group said on Tuesday it plans to expand its iron-ore export capacity from Port Hedland, the largest global shipping hub for the steel-making commodity, by up to 40-million tonnes a year to 330-million tonnes a year.
The move comes as impro…
BHP looks to expand iron-ore exports from Port Hedland Read More »
Andrey Varichev, CEO of Russian mining company Metalloinvest, died on Monday at the age of 52 following a serious illness, the company said in a statement.
Varichev had been CEO at Metalloinvest, one of the world’s largest producers of iron ore, since…
CEO of Russian mining company Metalloinvest dies at 52 Read More »
Andrey Varichev, CEO of Russian mining company Metalloinvest, died on Monday at the age of 52 following a serious illness, the company said in a statement.
Varichev had been CEO at Metalloinvest, one of the world’s largest producers of iron ore, since…
CEO of Russian mining company Metalloinvest dies at 52 Read More »
Andrey Varichev, CEO of Russian mining company Metalloinvest, died on Monday at the age of 52 following a serious illness, the company said in a statement.
Varichev had been CEO at Metalloinvest, one of the world’s largest producers of iron ore, since…
CEO of Russian mining company Metalloinvest dies at 52 Read More »
