R/€ = 20.62 Change: -0.03
R/$ = 17.46 Change: -0.03
Au 1953.06 $/oz Change: 21.75
Pt 958.84 $/oz Change: 19.72


Reuters is an international news organization owned by Thomson Reuters. Until 2008, the Reuters news agency formed part of an independent company, Reuters Group plc, which was also a provider of financial market data.

Congo gives mines month to release confined workers

14th July 2020 The Democratic Republic of Congo has given copper and cobalt mining companies a month to stop confining workers on site away from their families to stop the spread of coronavirus, the labour minister said in an open letter. Workers have been told by managers to either stay and work or lose their... 

Copper giant Codelco records 3 215 cases of Covid-19, nine fatalities

14th July 2020 Chile's State-owned Codelco, the world's largest copper producer, has registered a total 3 215 Covid-19 infections and nine deaths owing to the pandemic, the chairman of the firm said on Monday, as pressure rises on production of the red metal. Board chairman Juan Benavides said 2 473 workers... 

Workers at Antofagasta's Zaldivar copper mine in Chile vote to strike

13th July 2020 Workers at Antofagasta Minerals's Zaldivar copper mine in Chile have voted in favour of strike action after rejecting a pay offer, the mine's union said on Friday. The union said in a statement that 99% of its members had rejected a collective pay offer and a strike had been set for July 15,... 

Zambia copper production rises to 342 734 t in first five months of 2020 – govt

10th July 2020 Zambia's copper production increased to 342 734 t in the first five months of this year, from 330 024 t in the same period of 2019, the ministry of mines said on Thursday. Copper production was projected to continue rising in the third and fourth quarters of 2020 in line with rising prices driven... 

Indonesia group seeks judicial review over new mining law

10th July 2020 A group made up of activists and regional officials submitted on Friday a request for a judicial review of Indonesia's mining law at the Constitutional Court, arguing there had been a failure of procedures before the law was approved by parliament in May. The group, which includes the governor... 

Codelco unions say nearly 3 000 miners infected by coronavirus, call for enhanced safety

9th July 2020 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. Patricio Elgueta, president of the Federation of Copper... 

Newcrest Mining to explore options for its stake in SolGold - sources

8th July 2020 Australia's Newcrest Mining has hired investment bank RBC Capital Markets to explore options for its 13.57% stake in gold and copper producer SolGold, two sources said, after it contested SolGold's latest fundraising initiative. The Ecuador-focused company agreed in May a financing package of... 

Glencore copper mine in Congo says six workers have coronavirus

8th July 2020 Six workers at Glencore's Kamoto Copper Company (KCC) mine in Democratic Republic of Congo's Lualaba province have tested positive for the coronavirus, KCC said on Tuesday. The copper and cobalt miner said none of the workers screened and tested presented symptoms of Covid-19, adding they are... 

Kibali's $500m will be cleared to leave Congo 'very soon' - Barrick CEO

7th July 2020 Barrick Gold's Kibali gold mining joint venture in Democratic Republic of Congo will be able to get $500-million out of the country very soon, CEO Mark Bristow told Reuters on Monday. The gold miner has been in discussions with Congo's government over how to get the money out of the country for... 

Australia's Prospect Resources picks adviser for sale of Zimbabwe lithium mine

6th July 2020 Australian-listed Prospect Resources said on Monday it had picked Renaissance Securities Capital as its exclusive financial advisor for the possible sale of shares in Zimbabwe's Arcadia Lithium mine to Russian energy firm Uranium One. Uranium One, a unit of Russia's state-owned nuclear energy... 


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