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Pan American suspends Peru operations
Pan American Silver announced on Monday it is moving its Huaron and Morococha operations in Peru into care and maintenance in response to several workers at the mines recently testing positive for covid-19. According to the company, a reduced workforce will conduct...
SSR-Alacer merger gets final approval
Alacer Gold announced on Friday that it has obtained a final order from the Supreme Court of Yukon approving the merger with SSR Mining (TSX: SSRM). In May, Vancouver-based SSR Mining agreed to a deal to acquire its Canadian counterpart in an all-stock, zero-premium...
Nornickel to cooperate with Russian Platinum on Arctic deposit
Russian mining giant Norilsk Nickel (Nornickel) and Russian Platinum, backed by Russian businessman Musa Bazhaev, will cooperate in developing the Chernogorskoye platinum group metals deposit in Siberia, they said on Thursday. The agreement is another attempt by the...
Zambia rejects Glencore copper mine’s suspension plan
Glencore’s Zambia subsidiary Mopani Copper Mines on Thursday said the country’s mines ministry rejected its proposal to suspend operations because of low copper prices and disruptions caused by the coronavirus crisis. Mopani said it would appeal against the decision...