Mining operations in Asia and the Americas were hardest hit by government regulations implemented to stymie the spread of Covid-19, and are the regions that will register the largest declines in mineral production growth this year. This is according to a new report by Fitch Solutions, which states that ore production in China, Indonesia, Peru and India have ... 
Covid-19 hurt mining in Asia and the Americas most
Anastasia Bogdanova | August 25, 2020
Mining operations in Asia and the Americas were hardest hit by government regulations implemented to stymie the spread of Covid-19, and are the regions that will register the largest declines in mineral production growth this year. This is according to a new report by Fitch Solutions, which states that ore production in China, Indonesia, Peru and India have ... 
The COVID-19 pandemic has had a fundamental impact on business and our day-to-day lives, especially for SRK Exploration Services (SRK ES) whose work is so reliant on international travel and the deployment of exploration teams to the field for long periods. Despite everything though, we are delighted that we have been able to mobilise a ... 
By Heidi Vella Gold’s reputation as a safe haven for investors in times of turmoil has held steady amid the coronavirus pandemic; despite plummeting jewellery sales, the price of the precious metal has skyrocketed to a seven-year high. But what do such turbulent times mean for miners? We investigate turbulent times mean for miners? We investigate ... 
Nearly 1,200 workers at a goldmine deep in the Siberian wilderness have come down with COVID-19. The virus was first detected at the Olimpiada mining and processing plant on May 8 and has spread uncontrolled ever since. About 20 percent of the facility’s workforce is now infected. Coronavirus cases and fatalities continue to climb in ... 
Russia’s defence ministry is setting up a mobile field hospital at the largest Siberian mine of the country’s top gold producer, Polyus, to treat miners who contract the new coronavirus, the company said on Monday. Russia produces dozens of metals for global markets and the decision to open the field hospital at the mine underlines ... 
London — A meaningful recovery in the aluminum market will not come before 2021 at the earliest, and possibly only in 2022, or even 2023, according to Roman Andryushin, director for marketing and sales at the world’s third-largest primary aluminum producer Rusal. This year is unlikely to see global aluminum demand and stocks return to 2019 ... 
Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company“), announces filing audited consolidated financial statements and Management’s Discussion and Analysis on SEDAR at www.sedar.com and posting on the Company’s website at www.mundoro.com. All amounts are in Canadian dollars unless otherwise stated. Along with the filing of financial statements, Mundoro provides an update on ... 
Gold producer Nordgold has started large-scale Covid-19 testing at its mines. To date, 282 employees have been tested at its Holba mine, in Russia, with zero cases being diagnosed. All incoming rotational staff at Nordgold’s other mines in Russia will be tested prior to arrival on site. Further, 1 350 test kits have to date been ... 
Russia’s central bank is considering how to help the country’s commercial banks with gold storage after complications with bullion exports because of the coronavirus crisis. Gold exports from the world’s third-largest producer behind China and Australia have been hit by the grounding of passenger flights while domestic demand has been curbed by the central bank’s ... 
Atalaya Mining (LON: ATYM) has restarted operations at its Riotinto copper mine in Spain after local authorities in Andalucía determined that mining operations supplying other essential industries should remain open. The Cyprus-headquartered company closed the mine on March 30 in response to the Spanish government’s royal decree, which ordered the suspension of non-essential business operations, including mining. ... 
Russian nickel and palladium producer Norilsk Nickel (Nornickel) may find it hard to sell all of its output, as it normally can, if the coronavirus crisis persists, the company’s largest shareholder and president told a daily newspaper. The spread of the coronavirus has halted production among many consumers of the metals, including makers of electric ... 
Lundin Mining Corp. attributed the decision to the escalating COVID-19 pandemic. The company announced that it has temporarily suspended construction and commissioning activities at the Zinc Expansion Project (ZEP) at its Neves-Corvo copper-zinc mine in Portugal. Previously, the zinc expansion project was on track for a phased start-up beginning in the second quarter of 2020, ...