Petra Diamonds delays interest payment to borrow $21m The move would allow Petra to draw 400 million ($21m) rand of a 1 billion rand revolving credit facility to saty afloat. Cecilia Jamasmie | May 1, 2020 | 3:54 am
CHART: Covid-19 disrupts $6.9 billion of global mining output New report shows operations at 260 mines in 33 countries have been suspended – South Africa, US, Mexico hardest hit. Frik Els | April 30, 2020 | 2:25 pm
Fortescue posts 10% rise in Q3 iron ore output Company upgraded its guidance for 2020 shipments to 175-177 million tonnes based on strong operating performance. Bruno Venditti | April 30, 2020 | 1:23 pm
Gold price back below $1,700 despite surge in ETF buying Spot gold is back below the $1,700/oz mark, down nearly 2% to $1,686. MINING.com Editor | April 30, 2020 | 12:24 pm
Yamana hikes dividend, cuts guidance This is the third dividend increase announced by the company over the past year. Jackson Chen | April 30, 2020 | 11:36 am
Hedge fund pushes Teck to abandon oil, replace CEO Tribeca Investment Partners said changes would improve Teck’s environmental credentials. Bloomberg News | April 30, 2020 | 10:25 am
Belarus scores potash contract with Chinese consortium It's the first muriate of potash (MOP) contract since September 2018. Cecilia Jamasmie | April 30, 2020 | 9:24 am
Venezuela asks Bank of England to sell its gold to UN – sources The effort signals that Maduro is desperately seeking financial resources as the country’s economy struggles. Reuters | April 30, 2020 | 8:59 am
China Moly shrugs off South Africa port disruption as DRC cobalt sales rise Copper output from Tenke Fungurume was up 5.4% at 42,694 tonnes in the first quarter. Reuters | April 30, 2020 | 8:43 am