Alrosa’s May sales drop 85% Sales of rough and polished diamonds stood at $40 million in May, a 85% drop from $266 million a year ago. MINING.COM Staff Writer | June 10, 2020 | 11:33 am
Obrador urges Canadian mining firms to pay taxes Nearly 70% of foreign-owned mining companies operating in Mexico are based in Canada. Reuters | June 10, 2020 | 11:09 am
Covid-19 has everyone ditching coal quicker – except Asia In Asia, the appetite for coal is roaring back and expected to continue growing. Bloomberg News | June 10, 2020 | 11:01 am
Minera Alamos stock up on new Santana drill results Phase 3 drill program to start shortly following the resumption of mining activities in Mexico. Bruno Venditti | June 10, 2020 | 10:45 am
Newmont acquires land package near Cerro Negro The Boleadora group of properties encompasses 12 individual exploration licenses. Jackson Chen | June 10, 2020 | 10:37 am
Zero-premium mergers becoming the new normal among gold miners The saga of zero-premium deals began with the $5.4 billion mega merger of Barrick Gold and Randgold Resources. Bloomberg News | June 10, 2020 | 10:01 am
Rio loses Australian indigenous backing after blasting sacred caves An Australian indigenous group has suspended the company from its reconciliation plan. Reuters | June 10, 2020 | 9:42 am
White Gold closes $4.5m placement, stock jumps Proceeds of the offering will be used to kickstart White Gold’s 2020 exploration program. Jackson Chen | June 10, 2020 | 9:15 am
New king of copper trading sees demand coming back stronger Trafigura estimates that the virus has reduced mine supply by 400,000 tonnes. Bloomberg News | June 10, 2020 | 8:38 am