Mining news
Here are some recent mining news articles and updates:
Gold
- Gold prices surge to 2-year high as investors seek safe-haven assets (Reuters) - Gold prices rose to a two-year high on Monday, driven by a surge in demand for safe-haven assets amid growing concerns over the global economy.
- Newmont Goldcorp's Nevada operations hit by COVID-19 outbreak (Mining Weekly) - Newmont Goldcorp's Nevada operations have been affected by a COVID-19 outbreak, with several employees testing positive for the virus.
Copper
- Chile's Codelco to invest $1.5 billion in copper expansion (Reuters) - Chile's state-owned copper miner Codelco plans to invest $1.5 billion in expanding its operations, including the development of new mines and the upgrade of existing facilities.
- Copper prices rise on supply concerns and strong demand (Mining Weekly) - Copper prices rose on Monday, driven by concerns over supply disruptions and strong demand from the electronics and construction sectors.
Iron Ore
- Vale's iron ore output falls 10% in Q2 due to COVID-19 (Reuters) - Brazilian iron ore miner Vale's output fell 10% in the second quarter due to the impact of COVID-19 on its operations.
- Iron ore prices rise on supply concerns and strong demand (Mining Weekly) - Iron ore prices rose on Monday, driven by concerns over supply disruptions and strong demand from the steel industry.
Coal
- Coal prices surge as demand recovers from COVID-19 (Reuters) - Coal prices surged on Monday, driven by a recovery in demand from the power generation and industrial sectors.
- Peabody Energy's Australian coal operations hit by COVID-19 outbreak (Mining Weekly) - Peabody Energy's Australian coal operations have been affected by a COVID-19 outbreak, with several employees testing positive for the virus.
Other Mining News
- Rio Tinto's iron ore output falls 3% in Q2 due to COVID-19 (Reuters) - Rio Tinto's iron ore output fell 3% in the second quarter due to the impact of COVID-19 on its operations.
- Barrick Gold's Q2 earnings beat expectations (Mining Weekly) - Barrick Gold's second-quarter earnings beat expectations, driven by higher gold prices and lower costs.
- Anglo American's Q2 earnings fall due to COVID-19 (Mining Weekly) - Anglo American's second-quarter earnings fell due to the impact of COVID-19 on its operations, including a decline in copper and coal production.
These are just a few examples of recent mining news articles and updates. If you're looking for more information, I can try to help you with that!