Mining industry recovery may bolster Australia’s economy again Mining accounts for nearly 6% of its gross domestic product. Bloomberg News | June 11, 2020 | 1:36 pm
MINING.COM MINUTE: Biggest stories of the week BHP to revise expansion, Novagold hits back at short-seller, Silvercorp walk away from Guyana Goldfields, and more... MINING.com Editor | June 11, 2020 | 1:33 pm
Rare earths processing facility opens in Colorado The pilot plant will be the first facility to separate the full range of rare earth elements in the US since 1999. MINING.com Editor | June 11, 2020 | 12:44 pm
First Majestic buys silver stream on First Mining’s Springpole project Springpole is considered one of Canada’s largest undeveloped gold projects. Jackson Chen | June 11, 2020 | 11:32 am
PNG amends mining laws to boost revenue The country says it would not break legitimate exploration or development contracts or agreements. Reuters | June 11, 2020 | 10:53 am
Monarch Gold shares up on Yamana investment Shares of Monarch Gold climbed 1.9% by midday Thursday. Jackson Chen | June 11, 2020 | 10:23 am
Gold price up as Fed commits to low rates Gold futures also heading for its biggest gain in more than a month. Jackson Chen | June 11, 2020 | 10:02 am
A massive labor migration is starting in post-lockdown Africa The producers have contracted labor consultant TEBA to transport 14,000 foreign workers back to the mines. Bloomberg News | June 11, 2020 | 9:00 am
South Africa mining output drops most in 39 years Total production decreased 47.3% from a year earlier. Bloomberg News | June 11, 2020 | 8:38 am