Miners to resume operations in Philippines Miners will have to provide medical equipment and supplies such as thermal scanners, face masks, hand gloves, and hand sanitizers. Reuters | May 13, 2020 | 10:02 am
HSBC lost $200m in a day on paper as coronavirus dislocated gold market HSBC said the issue was mainly due to an "unprecedented widening" of the price difference between US gold futures and spot gold in the London market. Reuters | May 13, 2020 | 9:45 am
Vale to spend $2bn to cut carbon emissions 33% by 2030 Vale previously announced plans to eliminate emissions entirely by 2050. Reuters | May 13, 2020 | 9:30 am
Freeport Indonesia ramps up coronavirus testing Covid-19 infections in Mimika Regency, where the Grasberg mine is located on Papua island, reached 112 cases as of Sunday. Reuters | May 13, 2020 | 8:14 am
World’s largest wealth fund blacklists Glencore, Anglo over coal Norway's $1 trillion wealth fund is excluding some of the world's biggest commodities firms from its portfolio because of their use and production of coal. Reuters | May 13, 2020 | 3:32 am
Vale says it’s ‘on right track’ to resume dividend payments The company suspended dividend payments after the Brumadinho incident last year. Reuters | May 12, 2020 | 10:27 am
BHP sticks with spending strategy, Rio eyes M&A Prices for iron ore have been relatively resilient and helped boost profits in both firms. Reuters | May 12, 2020 | 9:08 am
As demand implodes, zinc supply chain starts to adjust The LME zinc price has bounced by 20% from its March low of $1,685 a tonne to $2,020. Reuters | May 12, 2020 | 9:02 am
Vedanta Resources to delist Indian unit It was reported earlier that billionaire Anil Agarwal was exploring a potential deal to take Vedanta Ltd private. Reuters | May 12, 2020 | 9:00 am
Sibanye Stillwater first quarter earnings surge on strong metal prices Adjusted EBITDA rose to 11.13 billion rand ($601.10 million) for the quarter. Reuters | May 12, 2020 | 8:20 am
Indonesia state miner Inalum raises $2.5bn in global bonds The proceed will be used to refinance Inalum's maturing $1 billion debt. Reuters | May 12, 2020 | 8:15 am
Chile mining trade group sees copper supply glut of 200,000 tonnes in 2020 The association anticipates demand to decrease by 3.5-4% and supply to fall by 3%. Reuters | May 11, 2020 | 2:03 pm