De Beers axes diamond production forecast amid market collapse
As many other diamond miners, De Beers is trying to weather a complete shutdown of the global supply chain.
De Beers axes diamond production forecast amid market collapse Read More »
As many other diamond miners, De Beers is trying to weather a complete shutdown of the global supply chain.
De Beers axes diamond production forecast amid market collapse Read More »
China boosted copper imports in March, but still faces challenges as key suppliers are cutting output.
Pandemic puts China metals supply chain in jeopardy Read More »
Dividend of $0.25 per share to be paid at the close of business on June 4.
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The World Meteorological Organization says the forecast comes as covid-19 has brought transportation and industrial energy production almost to a complete halt.
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The adjusted profit attributable to shareholders was C$94 million compared with C$587 million last year.
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The miner said the $2.5 billion-project’s schedule was under review, adding that first production won’t likely happen until early 2021.
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Third quarter iron ore output rose 6.3% to 68 Mt, narrowly missing analyst estimates.
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The fund is designed to meet the immediate needs of the communities in which the company operates.
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Anglo American has already donated $25 million to covid-19 causes.
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It attributed weak Q1 results to heavy rains, unplanned outages, regulatory delays linked to last year’s dam failure, and ongoing disruptions caused by the coronavirus.
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