Exchange

Mining News Pro - Tethyan Resource is working towards acquiring the past-producing Kizevak and Sastavci silver-zinc-lead mines in southwestern Serbia.

Mining News Pro - Barrick Gold announced Wednesday that executive chairman John Thornton sold 2,632,153 shares in the company, worth just shy of $50m.

Mining News Pro - The demand shock rippling around the world as the new coronavirus spreads has upended the industrial metals complex.

Mining News Pro - First Majestic Silver has completed the sale of the past-producing Plomosas silver project in Mexico to GR Silver Mining, in a deal that gives the Canadian miner a 19.9% stake in the Vancouver-based junior.

Mining News Pro - France’s Recylex has just announced the temporary closure of both its German lead smelter and two battery-recycling plants, one in Germany and one in France.

Mining News Pro - Diversified mining and marketing company Glencore, with operations internationally, is winding down most of its operations and putting them on temporary care and maintenance as lockdowns are enforced in various countries to slow the spread of Covid-19.

Mining News Pro - Zimbabwe`s central bank cut its main lending rate to 25% on Thursday and set a fixed exchange rate as part of measures to support the economy against the coronavirus pandemic.

Mining News Pro - From South Africa’s ultra-deep mine shafts to vaults underneath London, from metals traders in New York skyscrapers to main-street sellers of coins: the global gold market is being tested like never before.

Mining News Pro - The World Federation of Diamond Bourses (WFDB) has created a World Federation Diamond Trading Platform to provide a secure and reliable source of trading amid uncertain times globally, while promoting trade and healthy competition in the diamond market.

Mining News Pro - Takeover target Alto Metals has urged shareholders not to take any action in relation to a takeover offer from the Australian subsidiary of Shandong Goldsea Group.

Mining News Pro - Tianqi Lithium Corp., one of the world’s biggest lithium producers, said on Sunday it had postponed commissioning of the first phase of its flagship Australian processing plant due to rising liquidity problems after the coronavirus outbreak.

Mining News Pro - Debt-laden chemicals and energy group Sasol announced on Tuesday that it could pursue a $2-billion rights issue as a “supplemental initiative” in the event that cash-conservation initiatives and asset disposals proved insufficient to reset its capital structure.

Mining News Pro - Since Victorian times, London’s traders have used paper documents to track metal flowing in and out of warehouses, even as the rest of the world went digital. Now the coronavirus is posing a threat unlike any in living memory.

Mining News Pro - Global nickel production will drop significantly over 2020, as major producer Indonesia’s nickel ore export ban comes into effect, Fitch analysts assert in a recent report.

Mining News Pro - The London Metal Exchange (LME) will move its open-outcry trading to a disaster recovery site northeast of London on Friday to test the operations, it said on Tuesday.

Mining News Pro - It doesn’t seem to matter anymore whether global stocks are rising or falling — investors just keep snapping up more gold.

Mining News Pro - Stocks sink and investors snap up t of gold; stocks surge and investors keep on snapping up t of gold. The haven has benefited from sustained inflows in recent days as the markets’ virus-driven gyrations and expectations for interest rate cuts spur large, consistent demand.

Mining News Pro - China Nonferrous Mining Corp (CNMC) said late on Monday its parent had agreed to sell its 74.52% stake in the company to the group`s engineering arm for 7.36-billion yuan ($1.06-billion) in a restructuring move.

Mining News Pro - Indian secondary steel prices remained on downtrend during the week-10 due to limited inquiries and improved supply. Also, the lifting of finished products remained slow.

Mining News Pro - New data collected by Geoscience Australia has shown dramatic increases in critical mineral resources in Australia, including tantalum, lithium and rare earths.

In Picture

Mining News Center