Codelco raises $800 million to face crisis

Chile’s state-owned copper miner said it received more than 320 orders, worth $10.6 billion, the highest ever for a Codelco bond.

Cecilia Jamasmie | April 30, 2020 | 3:45 am

Newcrest quarterly output drops almost 17%

Production in Q3 totalled 518,770 oz, about 45,000 oz lower than analyst estimates.

MINING.COM Staff Writer | April 29, 2020 | 4:12 pm

Eskom shuts power plant after warning ash dam may collapse

The closure adds to the environmental challenges faced by the company, which produces almost all of South Africa’s power.

Bloomberg News | April 29, 2020 | 3:21 pm

New Gold shares drop on Q1 financial results

Company reported an adjusted loss for Q1 at $18 million, or 3 cents per share, impacted by closure of the Rainy River mine.

MINING.COM Staff Writer | April 29, 2020 | 12:42 pm

Alderon defaults on Sprott loan, loses Kami project

Company said it was left with limited options after Tunghsu Group withdrew its investment.

Jackson Chen | April 29, 2020 | 10:35 am

Fears rise for illegal South African miners hiding underground in virus lockdown

At least 100 illegal gold miners in South Africa are hiding underground, according to industry sources.

Reuters | April 29, 2020 | 9:52 am

World’s deepest gold mines on a ‘cliff’ as virus cuts output

The pandemic jeopardizes the future of SA's 134-year-old industry that once employed more than half a million workers on the world’s biggest gold field.

Bloomberg News | April 29, 2020 | 8:42 am

Russian metals and mining firms reduce investment

Alrosa may review its 2020 production plan from the current 34.2 million carats as the pandemic hits its sales.

Reuters | April 29, 2020 | 8:17 am

Vale mulling offers for New Caledonia nickel assets

The nickel operations, the world's largest, have been on the block since December.

Cecilia Jamasmie | April 29, 2020 | 6:55 am

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