Newmont’s Yanacocha sulfides project delayed by pandemic

Mining News Pro - Newmont Mining Corp’s Yanacocha sulfides project to expand gold production in Peru has been delayed and will only be developed “at the pace the pandemic allows,” CEO Tom Palmer said on Wednesday at an industry conference.

WA commodities enable post-pandemic expansion

Mining News Pro - The Chamber of Commerce and Industry Western Australia (CCIWA) has recognised commodities as the saviour of the state’s economy, after the pandemic took its toll in 2020.

Yancoal to ‘wash harder’ as pandemic lingers

Mining News Pro - Yancoal has implemented a new strategy to maximise its coal product value, while playing catch up in the second half of 2021, following rain delays and ongoing COVID-19 disruptions.

Codelco reports bumper year for profits despite pandemic

Mining News Pro - Chile`s Codelco, the world´s top copper producer, reported pre-tax profits of $2.078-billion in 2020 and said it had upped output from its own mines by 2% to 1.618-million tonnes, despite being forced to rely on skeleton crews for almost half the year amid strict measures aimed at curbing the coronavirus outbreak.

Codelco reports bumper year for profits despite pandemic

Mining News Pro - Codelco, the world’s top copper producer, reported pre-tax profits of $2.078 billion in 2020 and said it had upped output from its own mines by 2% to 1.618 million tonnes, despite being forced to rely on skeleton crews for almost half the year amid strict measures aimed at curbing the coronavirus outbreak.

Diamonds forecast to regain pre-pandemic sparkle in 2022 to 2024

Mining News Pro - Diamond jewellery demand will recover to pre-pandemic levels between 2022 and 2024, with China leading the way, a report commissioned by the Antwerp World Diamond Centre predicted.

Canadian miners show resilience amid pandemic

Mining News Pro - Canadian miners thrived in the last quarter of last year as the global industry began bouncing back from the pandemic-induced shutdown, EY’s latest Canadian Mining Eye index shows.

Pandemic hit Yamana Gold 2020 production

Mining News Pro - Canada’s Yamana Gold has reported 2020 production slightly below its revised guidance of 915,000 gold equivalent ounces as covid-19 restrictions imposed in Argentina towards the end of the year impacted its Cerro Moro gold-silver mine.

Copper surges as fears build for post-pandemic shortage

Mining News Pro - Copper in London hit the highest in more than seven years amid deepening concerns that miners will struggle to match demand as a global recovery bolsters this year’s China-driven boost.

Africa needs to cultivate cluster of ‘real catalytic investors’ in response to pandemic

Mining News Pro - Africa needs to cultivate a cluster of “real catalytic investors to mount strong, build-back better resilient mining investment” in response to the global Covid-19 pandemic, says Africa investor Hubert Danso.

Peru’s miners look to interim president for post-pandemic stability

Mining News Pro - Mine industry officials in Peru are looking to interim President Manuel Merino to assure stability ahead of elections in April as the world’s No. 2 copper producer seeks to bounce back from its worst economic crisis in a century.

Geoscientist under-employment falls amid pandemic

Mining News Pro - Continued activity in Australia’s exploration sector has helped keep geoscientist employment relatively stable during the September quarter.

Geoscientist under-employment falls amid pandemic

Mining News Pro - Continued activity in Australia’s exploration sector has helped keep geoscientist employment relatively stable during the September quarter.

Pandemic impacts on mining employment

Mining News Pro - The impacts of covid-19 on the mining industry are a major focus of this year’s Annual General Meeting (AGM) of the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF). The 16th AGM runs Tuesday – Thursday this week and is the first to take place in a virtual format.

Caterpillar bets on self-driving machines impervious to pandemics

Mining News Pro - Question: How can a company like Caterpillar try to counter a slump in sales of bulldozers and trucks during a pandemic that has made every human a potential disease vector?

Yancoal streamlines operations amid pandemic

Mining News Pro - Yancoal is closely monitoring the condition of international coal markets to best assess how its business will be impacted for the remainder of the year and beyond.

Pandemic to accelerate industry automation

Mining News Pro - While the industry is currently in a recovery mode, covid-19 will have a profound long-term impact on the commodities sector by amplifying and accelerating many of the megatrends Fitch Solutions has been highlighting in recent years, according to the market analyst’s latest report.

Bolivia’s largest mine suspends operations again due to pandemic

Mining News Pro - Bolivia’s San Cristóbal mine, a huge deposit of zinc, lead and silver, has suspended operations for a second time due to the coronavirus outbreak, it said on Monday, as covid-19 infections continued to spread in the landlocked South American nation.

How a pandemic upended the global diamond industry

Mining News Pro - As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada and disrupting supply chains, Rajen Patel swapped diamond polishing for peanut farming.

Peru unrest flares as pandemic second wave hits

Mining News Pro - Angry residents in Peru’s Andean and Amazon regions have attacked three mining and oil sector firms in the last week, two of which were forced to halt operations after deadly clashes, as a second wave of covid-19 infections hits the country.

Australia views resources resilience as core to post-pandemic recovery

Mining News Pro - The onset of the Covid-19 pandemic early in 2020 completely changed the global social and economic landscape, causing travel restrictions and physical distancing precautions in an effort to halt the spread of the virus.

Yellow metal prices continue golden run during pandemic

Mining News Pro - US gold prices have the potential to rise as high as $US3000 ($4166) per ounce, according to Edison Group analyst Charles Gibson.

QLD, WA mining jobs surge during pandemic

Mining News Pro - Employment in the mining sector has remained strong during the COVID-19 pandemic, according to a Minerals Council of Australia study.

Caterpillar posts lower earnings as pandemic hits sales

Mining News Pro - Caterpillar on Friday reported a smaller-than-expected decline in second-quarter earnings, helped by lower manufacturing costs, even as the pandemic made customers wary of big equipment purchases.

Pandemic exacts toll on iron-ore sector

Mining News Pro - The iron-ore sector has been considerably affected by the Covid-19 pandemic, with the worst of the repercussions expected this year; however, there are signs of recovery moving forward.

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