Congo’s Chemaf mothballs copper-cobalt processing plant over coronavirus
The facilities are the latest mining operations to be affected by travel restrictions and border closures caused by the coronavirus pandemic.
The facilities are the latest mining operations to be affected by travel restrictions and border closures caused by the coronavirus pandemic.
The spread of the coronavirus has halted production among many consumers of nickel and palladium, including makers of electric and other vehicles.
The stock has recovered about 30% in the past week, but is still trading at levels last seen in 2019 after a dam disaster that killed 270 people.
Some of the biggest mining and energy companies are scrambling to respond to tightening controls on movement inside Australia.
The gold stocks have been in a bull market since January 2016, but understanding March 2020’s chaos begins in September 2018.
Physical bullion markets in major Asian hubs saw a sharp divide this week with some regions seeing a surge in demand, while others grappled with strained supply.
More than half of them belong to Vale, whose Córrego do Feijão mine’s tailings collapsed last year, releasing a torrent of mining waste that killed about 270 people.
Last October, 54 Brazilian dams failed to certify their stability or file the stability paperwork altogether.
The 'bond king' has a warning for investors piling into gold-backed ETFs: Don’t think you’ll get the physical metal back.
Indonesia, once the world's biggest nickel ore exporter, started banning exports of nickel ore in January.