Anglo American to cut capex, costs due to coronavirus impact
Mining News Pro - Global miner Anglo American on Thursday cut its capital expenditure guidance for the year by about $1 billion and said it would cut costs to weather the impact of the coronavirus.
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Visit: 742
Queensland reports strong exports ahead of coronavirus impact
Mining News Pro - Queensland’s resources sector has contributed 80 per cent of the state’s $83.3 billion exports value in the 12 months leading to February this year, according to data from the Australian Bureau of Statistics (ABS).
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Visit: 593
Resolute dodges coronavirus impact with output lift
Mining News Pro - Resolute Mining has lifted its quarterly gold production for the March period, which included the last gold pour at the Ravenswood mine in Queensland before it was sold to EMR Capital and Golden Energy and Resources (GEAR).
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Visit: 613
State resource sectors respond to coronavirus impact
Mining News Pro - State resource sectors across Australia have put contingency plans in place to stabilise the industry amid evolving travel bans across the country.
Both federal and state governments have allowed mining operations to stay active, referring to them as “essential” businesses.
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Visit: 333
Chile lithium miners say coronavirus impact on output minimal so far
Mining News Pro - Top lithium miners in Chile, the world´s No.2 producer of the ultralight battery metal, ramped up sanitary precautions at their Atacama salt flat mining operations to protect workers from the coronavirus outbreak, but said impact on output was minimal thus far.
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Visit: 2788
Chile says copper price to recover soon from coronavirus impact
Mining News Pro - Copper prices will rebound in the coming months from a downturn in demand caused by the coronavirus outbreak in China, Chilean mining minister Baldo Prokurica said on Tuesday.
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Visit: 437