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Freeport-McMoRan Releases Update on Cerro Verde Mine in Peru
March 27, 2020
Freeport-McMoRan said that the Peruvian Government has extended the declaration of a National Emergency to April 12, 2020, associated with the Peruvian government’s efforts to contain the outbreak of COVID-19. Cerro Verde is engaged in discussions with Peruvian government authorities
Endeavour Mining to Combine with SEMAFO to Create Leading West African-Based Gold Miner
March 26, 2020
Endeavour Mining Corporation has revealed it is to combine with SEMAFO Inc in a C$1 billion deal which will create a leading West Africa-based gold producer generating over 1 million ounces a year. The merger brings together six mines with
Russian Miner Mechel in Talks to Sell Stake in Elga Coal Project
March 24, 2020
Mechel, a Russian mining and steel company, has reportedly confirmed that it is in talks to offload its stake in the Elga coal project in Sakha Republic, Russia in a move to cut down its debt. Considered to be among
Anglo American Slows $5 Billion Quellaveco Mine Construction in Peru Due to Coronavirus
March 24, 2020
South African firm Anglo American has announced that construction work is being slowed down at the $5 billion Quellaveco copper project in Peru, due to the COVID-19 quarantine measures implemented by the Peruvian Government. The Quellaveco open-pit mine is being
Australian Mining Companies Unite in Stance Against Coronavirus
March 24, 2020
The minerals industry has expressed its concerns about operating amid the coronavirus outbreak, according to the Minerals Council of Australia (MCA). Challenges outlined by the MCA’s COVID-19 working group, which comprises of senior company representatives, include workforce movement restrictions, pressure
Queensland to Form New Regulatory Body for Safety and Health of Mining Sector
March 23, 2020
Queensland’s resource workers will soon have their own independent health and safety regulatory body after the state parliament supported new legislation. The new regulatory body, named Resources Safety and Health Queensland (RSHQ), will regulate the safety and health of the
Queensland Coal Ports Resume Normal Operations
March 19, 2020
The ports of DBCT, Hay Point, Abbot Point and Gladstone were all open and operating as normal as of March 14, two days earlier than expected. Larger vessels departing DBCT and Hay Point will require an additional tug, in line
Mongolia Delays Opening China Border for Coal Exports Amid Coronavirus Virus
March 19, 2020
The first deadline for the border to reopen was March 3, before being delayed to March 15, late last month. The next rescheduled reopening could potentially be on April 1. But the deadline could be advanced or delayed further depending
Union Members at Colombia’s Cerrejon Coal Mine Vote to Strike
March 19, 2020
A strike at Cerrejon, which is owned equally by BHP Group, Anglo American and Glencore, could cut the company’s coal production and sales outside of Colombia, the fifth biggest coal exporter in the world. Coal is the second largest generator
Government Restrictions in Peru Require Newmont to Ramp Down Mining Operations at Yanacocha Mine
March 18, 2020
Coronavirus-related government restrictions in Peru will require Newmont to safely ramp down mining operations at Yanacocha mine. Gold production from leach pads and managing critical safety and environmental activities will continue. Yanacocha has been operating normally since the beginning of
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