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Australia injects $130bn wage package
The federal government has announced a lifeline for Australia’s workforce amid the coronavirus pandemic, providing six million workers with a fortnightly wage subsidy of $1500 per person. The $130 billion JobKeeper payment aims help Australians to hold onto their jobs...
B2Gold resumes mining at Masbate
B2Gold announced Monday that mining operations have resumed at its Masbate mine in the Philippines. Milling operations have been ongoing. Meanwhile, mining and milling operations are continuing at the Fekola mine in Mali and the Otjikoto mine in Namibia. The company...
Corriente Resources’ mining camp in Ecuador set on fire
The Esperanza camp, which is part of the San Carlos Panantza mining complex in Ecuador, was intentionally set on fire and destroyed this weekend, according to information made public by the Ministry of Energy and Natural Non-Renewable Resources. The copper project,...
South Africa lockdown to hit Anglo American output
Diversified miner Anglo American (LON: AAL) said on Friday that South Africa’s 21-day lockdown to slow the spread of the coronavirus will impact its iron ore and coal guidance the most. The company, founded in South Africa more than 100 years ago, said production at...