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Mariaan Webb
Mariaan Webb is Creamer Media Senior Deputy Editor Online for Engineering News and Mining Weekly.
Tel: +2711 622 3744
Interprovincial travel limits hit Kirkland operations in Canada
2nd April 2020 Limits on inter-provincial travel have forced Canada-based miner Kirkland Lake to move to reduced operations at the Macassa mine and to suspend activities at the Holt Complex. Border restrictions between Quebec and Ontario have been stepped up as efforts intensify to combat the spread of... →
Antofagasta operating with half its workforce, unveils $6m fund to help fight virus
2nd April 2020 London-listed Antofagasta on Thursday reported that its production had not been significantly impacted by measures to curb the spread of coronavirus, despite the company operating with only about 50% of its workforce. Antofagasta, which owns mines in Chile where coronavirus cases have risen to... →
Mexico orders mining suspension until April 30
1st April 2020 In its fight against the coronavirus pandemic, the Mexico federal government has mandated all nonessential businesses, including mining, to suspend operations until April 30. The declaration was made after Mexico’s confirmed cases surpassed 1 000, with deaths now at 37. It is understood that... →
Kinross withdraws 2.4Moz guidance, says Q1 sales lower than output
1st April 2020 Canadian firm Kinross Gold has become the latest miner to withdraw its production and cost guidance for 2020, citing the coronavirus pandemic’s significant impact on the world economy and the implications of government-mandated constraints on business activities. While the crisis has had no... →
INV Metals’ Ecuador project shines in updated feasibility study
1st April 2020 The strong gold price is underpinning robust economics of one of Ecuador’s five strategic mining projects, with an updated feasibility study calculating the Loma Larga gold project’s aftertax net present value at $454-million and its internal rate of return at 28.3%. Developer INV Metals plans... →
Teck details suspension impact on QB2 cost and schedule
1st April 2020 Construction activities at the Quebrada Blanca Phase 2 (QB2) copper project remain suspended, in line with the Chilean government’s efforts to curb the spread of coronavirus. Initially only a two-week suspension, construction activities are still on hold and Canadian diversified major Teck... →
Teck reduces coal output rate and suspends 2020 guidance
1st April 2020 Notwithstanding the challenges related to the fast-spreading coronavirus, Canadian diversified miner Teck Resources president and CEO Don Lindsay on Wednesday reported that all the group’s operations remained in production, albeit on a reduced basis. The Vancouver-headquartered group announced... →
Miners to benefit as Canada extends wage subsidy to businesses of all sizes
31st March 2020 Prime Minister Justin Trudeau’s extension of the wage subsidy to include businesses of all sizes has been welcomed, with the Mining Association of Canada (MAC) saying that it will provide much-needed support to the country’s mining industry. The wage subsidy, initially only meant for smaller... →
Premier confirms $205m offer for Centerra’s stake in Hardrock project
30th March 2020 TSX-listed Premier Gold Mines on Monday confirmed a $205-million offer to buy Centerra Gold’s 50% interest in the Greenstone Gold Mines (GGM) partnership, which owns the Hardrock project, in Ontario. The acquiring party, Premier said, would be another company that was an assignee of Premier... →
US coal mines hit by virus pandemic
30th March 2020 The fast-spreading coronavirus pandemic is affecting US coal operations, with two companies on Monday announcing that they would idle operations in response to Covid-19, which has hit the global economy hard. NYSE-listed Consol Energy said it would curtail production at its Bailey mine, in... →
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