Dual-listed gold miner OceanGold has temporarily suspended operations at its Waihi gold mine, on the North Island of New Zealand, four a four-week mandated closure.
The ASX- and TSX-listed miner has also temporarily suspended the ongoing development o…
OceanaGold suspends Waihi works Read More »
Diamond miner Lucapa is set to receive its first A$7-million in revenue from its cutting and polishing partnership at the Lulo mine, in Angola.
The company on Tuesday said that the first A$2.6-million payment will make up Lulo’s share of cutting and p…
Lucapa reports polishing revenue Read More »
Federal Resources Minister Keith Pitt has called a meeting with some of Australia’s biggest resources companies and key industry representative groups to prepare a unified response from the sector to deal with the COVID-19 outbreak.
Pitt said the vir…
Miners meet with Pitt to discuss Covid-19 Read More »
Major Rio Tinto on Tuesday announced that it would slow down some of its operations in South Africa and Canada as part of efforts to slow the spread of COVID-19.
At Richards Bay Minerals, in South Africa, the miner will curtail production in complianc…
Rio cuts back South African and Canadian operations Read More »
Suitor TerraCom has gained a 66% interest in the voting rights of takeover target Universal Coal.
“We have been overwhelmed with acceptances as our offer comes to a close this week. TerraCom sought to provide Universal security holders with the opport…
TerraCom inches into Universal ownership Read More »
Iron-ore major Fortescue Metals on Monday said that it would continue to operate its mine sites in the Pilbara, despite the Western Australian government implementing strict border controls that would require all new inter-state arrivals to self-isolat…
Fortescue continues despite Covid-19 Read More »
Dual-listed lithium miner Orocobre has moved its Olaroz lithium facility, in Argentina, to care and maintenance, and has suspended all development operations related to the Stage 2 expansion.
The government of Argentina earlier this month enacted the …
Orocobre suspends Olaroz Read More »
The upstream oil and gas sector was facing unprecedented uncertainty with the massive fall in the oil price and the uncertain market environment brought on by Covid-19, industry analyst Wood Mackenzie (Woodmac) has reported. In a research note, Woodmac…
Oil and gas producers in for tough times – Woodmac Read More »
Lithium miner Galaxy Resources has suspended operations at its Sal de Vida project, in Argentina, after the Argentinian government issued a nation-wide lockdown to contain the spread of Covid-19. The ASX-listed company said that the majority of the Sal…
Work pauses at Sal de Vida Read More »
Oil and gas major Santos has announced plans to cut planned capital expenditure and reduce production costs in response to the Covid-19 pandemic and the falling oil prices. The ASX-listed company would reduce planned capital expenditure for 2020 by so…
Santos defers Barossa and PNG expansion plans Read More »
