Gold price tops $1,900 on surging coronavirus cases
Mining News Pro - Gold prices rose past the $1,900 an ounce level on Monday, supported by worries over a spike in covid-19 cases around the globe and uncertainty surrounding the upcoming US presidential election. However, a stronger dollar limited bullion’s advance.
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Polymetal reports coronavirus outbreak at one of its deposits
Mining News Pro - Russian gold and silver producer Polymetal said on Monday that about 100 people had tested positive for the new coronavirus at its Mayskoye deposit in Russia`s Far East.
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Coronavirus pushes Q2 net profit of Russian diamond miner Alrosa down 98%
Mining News Pro - Russian State-controlled diamond producer Alrosa said on Friday that its second-quarter net profit fell by 98% year on year to 300-million roubles ($4-million) as the novel coronavirus outbreak hit demand for precious stones.
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Coronavirus case emerges at second mine in Papua New Guinea
Mining News Pro - The novel coronavirus has been detected at a second mine in Papua New Guinea, after an employee at the Lihir Mine owned by Newcrest Mining Ltd tested positive for the disease.
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Chile`s top copper miners boost June output during coronavirus peak
Mining News Pro - Chile`s largest copper mines boosted output in June, according to government statistics released late on Tuesday, churning out more of the red metal even as the coronavirus outbreak hit its stride in the South American mining powerhouse.
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Coronavirus deaths hit ArcelorMittal plant in Mexico-union
Mining News Pro - Twenty-one workers at a steel plant owned by ArcelorMittal in the Mexican port city of Lazaro Cardenas have died from covid-19, the steelworkers’ trade union said.
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Iamgold restarts Suriname mine after coronavirus halted operations
Mining News Pro - Canadian gold miner Iamgold said on Tuesday it is restarting operations at its Rosebel gold mine in Suriname that it shut in June after union leaders issued a stop work order in response to employees testing positive for coronavirus.
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Visit: 932
Nornickel to double coronavirus spending to almost $280m
Mining News Pro - Russian mining giant Norilsk Nickel on Friday said it would double its spending this year on measures to protect against the coronavirus outbreak to 20-billion roubles ($278.5-million).
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Iron ore prices spike again as Brazilian coronavirus cases grow
Mining News Pro - Iron ore prices soared to nearly $US110 ($157.4) per tonne yesterday, a level not seen since August 2019.
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Using Copper to Fight Coronavirus
Mining News Pro - As Chile’s giant copper mines battle to keep workers healthy in the covid-19 pandemic, a laboratory in the country is touting the use of tiny specks of the metal to contain the spread among the general population.
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Visit: 1267
Codelco unions say nearly 3 000 miners infected by coronavirus
Mining News Pro - Unions at Chile`s Codelco, the world`s largest copper producer, said on Wednesday that nearly 3 000 workers had been infected with the coronavirus, prompting renewed calls for more safety measures at the company`s sprawling operations.
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Chile copper production at risk as coronavirus bites
Mining News Pro - Chile’s vaunted copper industry is nearing a tipping point as coronavirus explodes across the South American nation, mine workers and analysts say, laying bare the hidden costs of policies that have until now salvaged its output of the red metal.
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Visit: 916
Unions at Chuquicamata mine approve new coronavirus measures
Mining News Pro - Chile’s state-run Codelco said on Friday unions at its Chuquicamata mine division had voted to implement a seven-day on, seven-day off shift schedule at the sprawling copper deposit in a bid to reduce worker exposure to the exploding coronavirus outbreak in the country’s mine-rich desert north.
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Codelco hit by third coronavirus death
Mining News Pro - Chilean state miner Codelco, the world’s largest copper producer, on Wednesday reported the death of a third worker who had contracted the new coronavirus.
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Unions at Codelco demand more protection against coronavirus
Mining News Pro - Labour unions at Chile’s state-owned copper miner Codelco said on Sunday that measures taken by the company against the spread of the novel coronavirus were insufficient and threatened to take steps to force stricter health policies.
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Vale can reopen Itabira after coronavirus measures
Mining News Pro - Brazilian iron ore miner Vale SA has received permission to reopen mines in the Itabira complex shuttered due to coronavirus concerns, the company said in a Wednesday filing, adding there was no change to its production guidance.
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Chilean copper miners labour group alleges `alarming` rise in coronavirus cases
Mining News Pro - Chilean copper miners` unions called on Sunday for a re-evaluation of the operational continuity plans of the country`s biggest miners during what they said was an "alarming" increase in coronavirus cases among workers.
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Workers at Codelco threaten work halt to quarantine against coronavirus
Mining News Pro - Unionized workers at Chile’s state-run Codelco, the world’s largest copper miner, said on Wednesday they were weighing walking off the job at some sites in order to implement a self-imposed quarantine after one of their members died from covid-19.
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Coronavirus to exacerbate copper surplus this year and next
Mining News Pro - The global copper market is expected to be in surplus by 285 000 t this year as a result of the coronavirus pandemic, with the overhang rising to 675 000 t in 2021, an industry body said in a report.
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Mining companies rush to shield indigenous communities from coronavirus
Mining News Pro - Big mining companies that rely on indigenous workforces or operate near remote communities have acted fast to curb the spread of the coronavirus and avoid a public health crisis that could damage their reputations.
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Newmont considers drilling restart after coronavirus delays
Mining News Pro - Newmont Corporation has revised its 2020 outlook due to uncertainty associated with coronavirus, including changes to its development schedule and budget.
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Visit: 657
Freeport cuts workforce at Grasberg mine due to coronavirus spread
Mining News Pro - Freeport-McMoRan`s Indonesian unit said it will operate the giant Grasberg mine with a "skeletal team" after a rise in coronavirus infections in the area, including at the mine workers` living quarters, and three deaths.
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Nearly 90 coronavirus cases reported at Polyus unit in Siberia
Mining News Pro - Nearly 90 cases of the novel coronavirus have been recorded among employees of Polyus Krasnoyarsk, a unit of Russia’s largest gold producer Polyus, the regional branch of Russia’s consumer health watchdog said on Saturday.
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Rio Tinto increases safety measures to prevent coronavirus outbreak at Canadian diamond mine
Mining News Pro - Rio Tinto announced this weekend that it is introducing covid-19 testing at its Diavik diamond mine in Canada
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Coronavirus sickens almost 90 at biggest Russian gold mine
Mining News Pro - Almost 90 workers at Russia’s largest gold mine, operated by Polyus, have contracted the coronavirus, according to the public health agency.
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Visit: 754