Alamos buys back Island Gold NSR royalty, lowers cost guidance Miner has acquired and cancelled a 3% net smelter return (NSR) royalty payable on production from its mine in Ontario, Canada. Cecilia Jamasmie | March 16, 2020 | 11:31 am
Lundin places zinc expansion on back-burner over coronavirus The miner said there had been no material impact on production or shipments from any of the company’s operations to date as a result of Covid-19. Cecilia Jamasmie | March 16, 2020 | 7:58 am
Foresight latest US coal miner to file for bankruptcy Company said a global economic slowdown triggered by the coronavirus epidemic had pushed it over the edge. Cecilia Jamasmie | March 10, 2020 | 9:40 am
Metso-Outotec merger moves forward as hurdles cleared Former competitors expect to complete the combination June 30, 2020. Cecilia Jamasmie | March 10, 2020 | 6:52 am
Copper Mountain cuts targets amid market rout, virus fears Miner now expects to produce between 86 and 94 million pounds of copper this year, down from a previous estimate of 100-113 million pounds. Cecilia Jamasmie | March 10, 2020 | 3:52 am
Chile’s main copper mines report mixed results, revenue drop State-owned Codelco led the drop as it produced 6.8% less in January than in the same month last year. Cecilia Jamasmie | March 9, 2020 | 9:20 am
Vale watching Gongo Soco as wall continues to erode The miner seeks to prevent any impact the erosion could have on the nearby Sul Superior dam, which remains at highest safety alert level. Cecilia Jamasmie | March 9, 2020 | 6:53 am
Ivanhoe hails progress at Kamoa-Kakula, Platreef Production at the giant DRC copper mine is slated for the third quarter of 2021. Cecilia Jamasmie | March 9, 2020 | 3:58 am
Barrick boosts inventory of “key commodities” due to coronavirus Drawing on experience of combating Ebola outbreaks around its mines in Africa, the gold giant has increased emergency response plans. Cecilia Jamasmie | March 6, 2020 | 5:29 am
Amplats declares force majeure, cuts output forecast The south African miner lowered total platinum group metals guidance for 2020 from 4.2-4.7 million ounces to 3.3-3.8 million ounces. Cecilia Jamasmie | March 6, 2020 | 3:48 am