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Freeport cuts workforce at Grasberg as coronavirus cases in area rise
Freeport-McMoRan Inc’s Indonesian unit said it will operate the giant Grasberg mine with a “skeletal team” after a rise in coronavirus infections in the area, including at the mine workers’ living quarters, and three deaths. The move is aimed at ensuring workers at...
Covid-19 impact on iron ore market
The mining industry is deeply impacted by the covid-19 pandemic, and the situation continues to evolve as the virus spreads throughout the globe. Revised down most of its 2020 mining and metals production and consumption forecasts and warns it will keep...
Alcoa CEO sees no certainty a definitive recovery is coming
Alcoa Corp. Chief Executive Officer Roy Harvey isn’t ready to declare that the world is on the road to recovery yet. Speaking at a virtual metals and mining conference, the head of the aluminum producer said there remains too much uncertainty in global economies to...
Mining in Mexico to restart next week
Mining in Mexico, the world’s largest silver producing country, is set to fully resume next week as authorities implement a gradual nationwide return to a “new normal,” which will see more than 200 coronavirus-free towns reopen on May 18. The rest of the country,...