First Majestic becomes majority investor in GR Silver with 19.9% stake
Deal gives GR 100% ownership of the past-producing Plomosas silver project in Mexico.
First Majestic becomes majority investor in GR Silver with 19.9% stake Read More »
Pandemic may be final nail in US coal industry’s coffin
Coal miners are halting operations across the country, where the death toll is now expected to reach at least 100,000 people this week.
Pandemic may be final nail in US coal industry’s coffin Read More »
De Beers scraps diamond sales event due to coronavirus lockdowns
The pandemic has come at a terrible time for the diamond industry, already reeling from a disastrous 2019.
De Beers scraps diamond sales event due to coronavirus lockdowns Read More »
Gap between No. 1 and 2 copper miners widens as Codelco output drops 5.3%
Chilean miner churned out 1.588 million tonnes of copper last year, while BHP mined 1.749 million.
Gap between No. 1 and 2 copper miners widens as Codelco output drops 5.3% Read More »
Petra Diamonds halts 2020 production target on covid-19
The miner, which has three operations in South Africa and one in Tanzania, withdrew its full year production outlook of 3.8 million carats that it had issued in July 2019.
Petra Diamonds halts 2020 production target on covid-19 Read More »
South Africa’s lockdown to hit Anglo American output
Most of the company’s mines remain open, but with reduced workforce and production.
South Africa’s lockdown to hit Anglo American output Read More »
Trevali halts Canadian zinc mine amid covid-19 outbreak
The Caribou mine, in New Brunswick, has been in continuous production since 2015.
Trevali halts Canadian zinc mine amid covid-19 outbreak Read More »
Barrick unveils 10-year plan to become world’s most valued gold miner
Strategy sees it boosting production to 5 million ounces of gold a year, with the bulk coming from its North American operations.
Barrick unveils 10-year plan to become world’s most valued gold miner Read More »
Sumitomo halts mines in Bolivia, Madagascar
Covid-19-related measure measure affects the company’s San Cristobal silver-zinc-lead mine and Ambatovy nickel mine.
Sumitomo halts mines in Bolivia, Madagascar Read More »
Centamin operations in Egypt unchanged despite covid-19
The gold miner has postponed publication of its full year 2019 results for a minimum of two weeks.
Centamin operations in Egypt unchanged despite covid-19 Read More »