Chilean copper miner Codelco said on Monday that the drop in copper prices has put some of its projects "at risk." The miner, the world’s largest of the red metal, said in a letter sent to all its workers that the significant decline "casts…
Chilean miner Codelco says copper price fall puts projects ‘at risk’ Read More »
Glencore’s Kamoto Copper Company (KCC) mine, a copper and cobalt project in Democratic Republic of Congo, repatriated 26 foreign workers on Monday in response to the country’s coronavirus outbreak, a union official told Reuters. Charles Kumbi, a region…
Glencore copper mine in Congo repatriates 26 workers over coronavirus Read More »
Three of the world’s largest gold refineries said on Monday they had suspended production in Switzerland for at least a week after local authorities ordered the closure of non-essential industry to curtail the spread of the coronavirus. The refineries …
Three Swiss gold refineries suspend production due to virus threat Read More »
Russian businessman Albert Avdolyan has reached an agreement to buy a 49% stake in the major Elga coal project in Russia from Russian lender Gazprombank, the bank said in a statement on Monday. Avdolyan’s company A-Property is still in talks to buy the…
Russian tycoon buys 49% of Elga coal project, talks to Mechel on 51% Read More »
China’s MMG on Monday said Mining Company Katanga (MCK) has obtained a freezing court order over some assets of its Kinsevere copper mine in Democratic Republic of Congo and is seeking damages of $258-million over a mining services contract. MCK has co…
Mining Company Katanga sues China MMG’s Kinsevere mine in Congo Read More »
Congo has imposed a two-day lockdown in Haut-Katanga, an area rich in copper and cobalt, after two people tested positive for the coronavirus, provincial governor Jacques Kyabula Katwe said. He said late on Sunday the boundaries of the southeastern pro…
Congo imposes 48-hour lockdown on mining province over coronavirus Read More »
Norilsk Nickel said on Friday that Russian Platinum had withdrawn from talks about creating a joint venture for their Arctic palladium project due to a lack of approval from Rusal, one of Nornickel’s shareholders. Nornickel is the world’s largest prod…
As coronavirus spreads, Rusal puts brakes on Nornickel’s palladium JV Read More »
Global miner BHP Group will exclude contractors from its Chile copper mines for 15 days, it announced on Sunday, saying this is part of efforts to curb the spread of coronavirus. BHP operates the Escondida and Pampa Norte mines in Chile, which on Satur…
BHP to exclude contractors at Chile copper mines for 15 days Read More »
Russia’s Norilsk Nickel said on Friday that Russian Platinum, its partner in an Arctic palladium project, had withdrawn from talks on creating the joint venture due to a lack of approval from Rusal, one of Nornickel’s shareholders.
Nornickel is the wo…
As coronavirus rages, Rusal puts brakes on Nornickel’s palladium JV Read More »
Two workers that sparked the lockdown of a gold mine in Russia’s Far East involving almost 900 workers have tested negative for the new coronavirus, local authorities said.
Mine operator Kinross Gold of Canada, which produces gold and silver in Russia…
Two workers that sparked Kinross Russia gold mine lockdown test negative Read More »
