Indian steel demand expected to drop 7.7% in 2020 Demand has been hit by slowdowns in the construction, automotive and rail sectors as India fights the coronavirus with a protracted lockdown. Reuters | April 19, 2020 | 8:47 am
Indian gold demand could hit 3-decade low as lockdown hits festivals, weddings Even before the lockdown gold demand was faltering in India. Reuters | April 17, 2020 | 10:22 am
Zinc supply cuts outstripped by demand destruction from coronavirus BMO estimates global zinc demand will fall by about 6% this year. Reuters | April 17, 2020 | 10:11 am
Newmont to reopen some Canadian, South American mines in ‘days or weeks’ Authorities in Buenos Aires and Quebec have lifted restrictions around mining which they have deemed as an “essential service”. Reuters | April 17, 2020 | 9:12 am
Implats plans gradual return to operation after regulations eased The platinum miner said it had been in consultations with the mines ministry to bring some non-essential workers gradually back to work. Reuters | April 17, 2020 | 8:16 am
Rio Tinto reports stronger-than-expected iron ore output, shares rise World's largest miner of iron ore shipped 72.9 million tonnes during the quarter ended March 31. Reuters | April 16, 2020 | 4:38 pm
Mexico’s large miners can withstand impact of coronavirus 3-month shutdown S&P believes companies are able to absorb a drop in EBITDA of 15% to 20%. Reuters | April 16, 2020 | 4:17 pm
Seaborne coal prices under pressure as demand softens in China, India Vessel tracking and port data suggests a slowing in cargo offloading in China, India and Japan in the first half of April. Reuters | April 16, 2020 | 9:34 am
Top managers at mining group Eramet agree to pay cuts Chairman and CEO Christel Bories will forego 25% of her pay and contribute money to the company's solidarity plan. Reuters | April 16, 2020 | 8:42 am
Argentina’s fledgling lithium sector clipped by coronavirus The pandemic has already stymied a US push to develop lithium, while miners have warned the virus could hit to sales and prices further this year. Reuters | April 16, 2020 | 8:22 am
Zambia plans to revoke Glencore’s Mopani licenses Mopani's chief executive Nathan Bullock detained at Lusaka airport. Reuters | April 15, 2020 | 5:25 pm
China zinc treatment charges slump to 1-yr low as mine closures mount TCs fall when mine supply tightens and smelters have to compete harder to get concentrate to process. Reuters | April 15, 2020 | 8:46 am