Copper more effective than silver in killing covid virus
Mining News Pro - Researchers at Ruhr-University Bochum investigated ways to make copper and silver release even more ions than they normally would as a result of corrosion, a process that helps prevent the growth of bacteria or kill them completely.
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Visit: 535
Gold price edges lower as investors weigh virus risks to global growth
Mining News Pro - Gold edged lower as investors weighed mixed labor data from the U.S., the Federal Reserve’s hawkish tilt and the threat of the omicron variant to global growth.
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Visit: 751
Canada’s oil patch heads for hospital triage with virus raging
Mining News Pro - Canada’s oil heartland of Alberta has been hit with its most dangerous Covid-19 wave, with hospital intensive care beds filling up so quickly that health professionals are preparing to make decisions about who lives and who dies.
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Visit: 718
IMF nations approve record $650bn to aid virus fight
Mining News Pro - The International Monetary Fund (IMF) approved the biggest resource injection in its history, with $650-billion meant to help nations deal with mounting debt and the fallout from the Covid-19 pandemic.
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Visit: 365
Anglo American says output on track at Chilean mines despite virus surge
Mining News Pro - A resurgence of Covid-19 in Chile should not dampen output at Anglo American`s sprawling copper mines in the Andean nation this year, nor is it likely to pose near-term supply chain problems, the company`s top executive in Chile told Reuters.
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Visit: 621
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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Visit: 914
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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Visit: 645
Zimbabwe diamond miner expects demand bounce after virus turmoil
Mining News Pro - Zimbabwe’s second-largest diamond miner sees demand picking up, after the coronavirus pandemic forced RioZim to halt sales in March amid slumping gem prices.
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Visit: 886
China plans to boost cobalt reserves as virus spurs supply risks
Mining News Pro - China’s state stockpiling agency has drawn up plans to buy 2,000 tonnes of cobalt after the coronavirus pandemic highlighted the fragility of supplies of the strategic mineral.
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Visit: 685
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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Visit: 913
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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Visit: 953
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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Visit: 984
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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Visit: 954
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: 944
Silver jumps to 2013 high, gold nears record on virus concerns
Mining News Pro - Silver jumped to the highest in almost seven years and gold continued its march toward a record on expectations more stimulus is needed to help the global economy recover from the coronavirus pandemic.
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Visit: 709
Foreign investors shun South African gold stocks on virus fears
Mining News Pro - Not even a record rally can entice foreign investors to South African gold stocks.
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Visit: 705
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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Visit: 790
Rio says threat of virus second wave is roiling raw materials
Mining News Pro - An uneven global recovery from the coronavirus pandemic and concern over the prospects for second waves of infections are weighing on the outlook across commodities markets, according to Rio Tinto Group.
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Visit: 677
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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Visit: 1019
Johannesburg gold stocks slay records as virus bolsters bullion
Mining News Pro - The red-hot rally in gold prices driven by investor concern about the coronavirus pandemic and its impact on the global economy has propelled South African gold stocks to record-slaying highs.
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Visit: 950
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: 1279
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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Visit: 811
Hundreds of coal companies got $170 million in US virus aid
Mining News Pro - Coal companies received at least $170 million in small business loans under the U.S. government’s coronavirus relief program, according to data released Monday.
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Visit: 673
Saracen brushes virus aside with record production
Mining News Pro - Saracen Mineral Holdings has finished the 2020 financial year with record production of 520,414 ounces of gold, beating its guidance of 500,000 ounces.
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Visit: 706
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: 936