Vale mulling offers for New Caledonia nickel assets
The nickel operations, the world’s largest, have been on the block since December.
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Fresnillo first-quarter output in line with expectations
Mexico precious metals miner Fresnillo said on Wednesday that its first-quarter production was in line with expectations, reporting silver output of 13.2-million ounces and gold production of 197 000 oz.
Silver production was flat on a year-on-year co…
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De Beers makes Covid donation to help women in host communities
Diamond mining and marketing company on Wednesday announced a $200 000 donation across its four producer partner countries of Botswana, Canada, Namibia and South Africa to assist women’s shelters and support organisations to respond to an increase in g…
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Los Andes Copper receives drilling approval for Vizcachitas project
The Vancouver-based miner said the permit covers required drilling needed to complete the pre-feasibility study.
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GoldON allowed to drill at West Madsen project
The Victoria-based company plans to start a campaign soon, as the Ontario government deemed mining and exploration an essential business able to continue working during the covid-19 pandemic.
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RBPlat bucks turbulent trend with stable first-quarter production
Platinum group metals mining company Royal Bafokeng Platinum (RBPlat) on Wednesday reported stable first-quarter production output despite significant operational headwinds related to power grid stability, the Anglo American Platinum (Amplats) force ma…
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Eskom seeks to repurpose three coal-fired power stations
Creamer Media’s Chanel de Bruyn speaks to Engineering News editor Terence Creamer about Eskom’s plans for repurposing three coal-fired power stations, in Mpumalanga, that are due to close in the next few years.
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Russian metals and mining firms reduce investment, delay divs amid coronavirus
Three of Russian metals and mining companies said on Wednesday they were tightening belts with tools varying from reduced investment to delayed dividends or postponed asset purchases as the new coronavirus outbreak is adding to risks.
Russia, a major …
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Gold prices weaker, show muted reaction to dour U.S. GDP data
(Kitco News) – Gold prices are trading modestly down in early U.S. trading Wednesday, following the release of U.S. economic data that not surprisingly showed sickly results.
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Gold prices sees little reaction after U.S. Q1 GDP falls 4.8%
(Kitco News) – Despite some optimism at the start of the year, the U.S. economy saw weaker than expected economic activity in the first quarter of 2020 as the global economy was turned upside down to the COVID-19 Pandemic
Gold prices sees little reaction after U.S. Q1 GDP falls 4.8% Read More »