Rusal alumina plant in Ukraine may temporarily suspend output The plant said its supplies of bauxite had fallen to critical levels and may soon be unable to maintain production on a four-day week basis. Reuters | April 29, 2020 | 11:35 am
Fears rise for illegal South African miners hiding underground in virus lockdown At least 100 illegal gold miners in South Africa are hiding underground, according to industry sources. Reuters | April 29, 2020 | 9:52 am
Vale cuts capex as coronavirus hinders operations Vale plans to cut its capital expenditure this year to $4.6 billion from $5 billion. Reuters | April 29, 2020 | 9:06 am
Russian metals and mining firms reduce investment Alrosa may review its 2020 production plan from the current 34.2 million carats as the pandemic hits its sales. Reuters | April 29, 2020 | 8:17 am
Russian central bank sees no need to restart gold buying The central bank also said there was no need for it to start accepting gold pledged as collateral for the refinancing of banks’ debt. Reuters | April 29, 2020 | 8:11 am
Zijin warns Papua New Guinea of anger over end of Porgera The Chinese state-owned miner said that a failure to resolve the issue could impair relations between the two countries. Reuters | April 29, 2020 | 3:10 am
Mali parliament approves new mining code The new code eliminates mining companies' value added tax exemptions during production. Reuters | April 28, 2020 | 4:37 pm
Scotiabank to close its metals business Scotia was for years the world’s biggest lender to the physical precious metals industry. Reuters | April 28, 2020 | 11:17 am
Mining union tells workers not to return to Harmony Gold mine The National Union of Metalworkers of South Africa has told members not to return to work at Harmony Gold's Target mine on Friday. Reuters | April 28, 2020 | 10:58 am
World’s mine workers resist quick restart amid coronavirus Unions in both South Africa and Peru are openly encouraging members not to return to mines. Reuters | April 28, 2020 | 10:08 am
S. Africa mining firms work together against covid-19 as mines reopen companies are setting up shared quarantine facilities for miners testing positive for covid-19 and are discussing other ways to cooperate. Reuters | April 28, 2020 | 9:47 am
Caterpillar earnings dive as coronavirus wreaks economic havoc Company says the impact has been "significantly more severe and chaotic" than any cyclical downturn. Reuters | April 28, 2020 | 9:18 am