Major miners braced to weather coronavirus, but cash-poor minnows in peril

Gold miners are well placed to weather the downturn, but those in energy and battery materials will struggle.

Reuters | April 23, 2020 | 9:21 am

Company expects to lose 32,000 ounces of production.

Reuters | April 23, 2020 | 9:01 am

The company has suffered a 7% drop in first-quarter output of platinum group metals.

Reuters | April 23, 2020 | 8:11 am

The firm said it would resume gold and platinum operations in South Africa in the next two weeks.

Reuters | April 23, 2020 | 8:04 am

De Beers axes production forecast amid market collapse

As many other diamond miners, De Beers is trying to weather a shutdown of the global supply chain.

Cecilia Jamasmie | April 23, 2020 | 3:20 am

Security guards have been equipped with firearms and patrol dogs have been deployed at the Montepuez mine, Gemfields said.

Bloomberg News | April 22, 2020 | 1:30 pm

The Zambia Chamber of Mines has submitted a broad three-phase economic plan to the government.

Reuters | April 22, 2020 | 8:33 am

Shares in Toronto-listed Katanga Mining surged 113% after the announcement.

Reuters | April 22, 2020 | 4:28 am

The company announced in February it was looking at strategic options in relation to its debt due in 2022.

Reuters | April 22, 2020 | 4:00 am