May 18, 2020

Gold price backs off from new 7-year high

Gold fell from a fresh seven-year high on Monday as early results from a coronavirus vaccine trial showed promising results.

May 14, 2020

Nornickel uses freight flights for exports amid covid-19

Company said that deliveries to clients had not been affected despite the disruptions to passenger flights.

May 13, 2020

Ivanhoe hits more high grades at Kakula

Underground development is also over 4 kilometres ahead of schedule.

May 13, 2020

Platinum giant says lockdown in South Africa risks killing mines

Mines need to be at a minimum of 75% to 80% capacity to be viable, says Sibanye CEO Neal Froneman.

May 12, 2020

Sibanye Stillwater first quarter earnings surge on strong metal prices

Adjusted EBITDA rose to 11.13 billion rand ($601.10 million) for the quarter.

May 6, 2020

Russia questions legality of US-planned moon mining pact

The Kremlin says legal framework for mining on the moon should be examined to make sure it complies with international laws.

April 30, 2020

CHART: Covid-19 disrupts $6.9 billion of global mining output

New report shows operations at 260 mines in 33 countries have been suspended – South Africa, US, Mexico hardest hit.

April 30, 2020

Nornickel draws on credit lines to build cash buffer

Earlier, the company reported a fall in first quarter palladium and nickel output.

April 28, 2020

Scotiabank to close its metals business

Scotia was for years the world’s biggest lender to the physical precious metals industry.

April 27, 2020

Ivanhoe’s Kakula mine advances ahead of schedule

More than 8 miles of underground development is now completed, 3 miles ahead of schedule.