Samancor Chrome, one of the world’s biggest ferrochrome producers, has declared force majeure because of South Africa’s 21-day coronavirus lockdown, removing further supply from global chrome markets. South Africa ordered all underground mines and furn…
South Africa lockdown squeezes global chrome supply Read More »
Chinese iron-ore futures picked up in early trade on Tuesday, rising more than 1% on demand hopes after the world’s second-biggest economy reported an unexpected growth in its factory activities in March.
China’s official Purchasing Managers’ Index (P…
China iron ore futures pick up after factory activity unexpectedly expands Read More »
The world’s largest platinum producers Anglo American Platinum, Sibanye-Stillwater and Impala Platinum have declared force majeure on contracts after a three-week national lockdown forced operations to close.
South Africa, which accounts for around 70…
Top platinum miners declare force majeure after coronavirus lockdown Read More »
Coronado Global Resources said on Monday it will temporarily halt metallurgical coal output from its U.S. operations due the global economic fallout of the coronavirus pandemic but will meet its current commitments.
Operations at its other mine in Aus…
Australia’s Coronado to idle US operations as virus trips global economic growth Read More »
Diversified miner Vedanta said on Friday CEO S Venkatakrishnan has resigned due to personal reasons, less than two years after he took the helm.
Sunil Duggal, current head of Vedanta unit Hindustan Zinc, will take over as interim CEO.
Venkatakrishnan…
Vedanta CEO Venkatakrishnan resigns Read More »
Bolivia’s San Cristóbal mine, a huge desposit of zinc, lead and silver, has suspended operations after the country imposed tough rules to halt the spread of coronavirus, its operator Minera San Cristóbal said in a statement on Friday.
The company, a w…
Bolivia’s largest mine suspends operations as virus controls tighten Read More »
Zimbabwe’s central bank cut its main lending rate to 25% on Thursday and set a fixed exchange rate as part of measures to support the economy against the coronavirus pandemic. The Chamber of Mines, which represents major mining companies in the country…
Zimbabwe cuts rates, miners send coronavirus distress signals Read More »
The coronavirus pandemic is hobbling US efforts to produce lithium, rare earths and other materials used in electric vehicles and high-tech equipment, dealing a blow to President Donald Trump’s plan to curb Chinese control of the strategic minerals sec…
Coronavirus slows US push to produce electric vehicle minerals Read More »
Swedish mining gear and metal-cutting tools maker Sandvik on Thursday launched large cost-cutting measures in response to the rapid global spread of the coronavirus and said it would reduce its proposed dividend for 2019. While the company, a rival of …
Sandvik to cut costs due to coronavirus impact, reduces dividend Read More »
Chile’s Codelco, the world’s largest copper miner, said on Wednesday it would temporarily suspend construction on some projects in a bid to halt the spread of coronavirus, as the company´s unions ratcheted up pressure for more safety measures. In a sta…
Chile’s copper miner Codelco suspends construction projects over coronavirus Read More »
