First Quantum revises guidance for 2020
The company has reduced its copper guidance for the year by 75,000 tonnes to 755,000-805,000.
The company has reduced its copper guidance for the year by 75,000 tonnes to 755,000-805,000.
Reducing 10% of a mine’s tailings could be sufficient to offset the annual carbon emissions produced by a mining operation.
The Silver Institute expects silver prices to hit $19/oz before year-end.
The sector often operates in rural or remote areas and workers live in close quarters, adding to the risks.
More than 8 miles of underground development is now completed, 3 miles ahead of schedule.
The Vancouver-based company produces high-performance lithium-ion battery cathode materials using low-cost proprietary technology.
Resilience and better financial positions built over past years will shield miners, Fitch says.
Changing habits in China following covid-19 could add further stimulus but new EV subsidy rules could prove headache for Tesla in China.
All employees were safely brought to surface and operations at the deepest nickel mine in Canada have resumed.
Gold miners are well placed to weather the downturn, but those in energy and battery materials will struggle.