Petra Diamonds founder steps down
Adonis Pouroulis was the company’s founder and chairman for 23 years.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Glencore postpones dividend payment decision
The miner is focusing on protecting and strengthening its capital structure during this period of heightened uncertainty due to covid-19.
Harmony Gold curbs output as it shuts nine mines
It expects to only produce between 650kg to 700kg of gold in South Africa during the 21-day lockdown imposed by the government.
First Majestic acquires 19.9% stake in GR Silver
The deal gives GR 100% ownership of the past-producing Plomosas silver project in Mexico.
Pandemic hits beleaguered US coal industry hard
Coal miners are halting operations across the country, where the death toll could reach 100,000 in the coming weeks.
De Beers scraps diamond sales event
The coronavirus lockdowns have made it impossible for buyers to attend.
Gap between no. 1 and 2 copper miners widens as Codelco output drops 5.3%
The Chilean miner churned out 1.588 million tonnes of copper last year, while BHP mined 1.749 million.
Petra Diamonds halts 2020 production target
Facing a 21-day lockdown due to covid-19, the miner withdrew its full year production outlook of 3.8 million carats.
South Africa lockdown to hit Anglo American output
Most of the company’s mines remain open, but with reduced workforce and production.
Trevali halts Canadian zinc mine amid covid-19 outbreak
The Caribou mine in New Brunswick has been in continuous production since 2015.
Delays hit Gemfields ruby plant as Zambia mine reboots
Commissioning of a second processing plant at the Montepuez ruby mine has been postponed to September due to logistical setbacks.