Dacian Gold has hit its March quarter’s output guidance of 30,000 to 33,000 ounces of gold, producing 31,695 ounces despite the challenging times.
The South Australian Government has cut all costs related to exploration and license fees in the minerals sector to soften the blow of the industry’s coronavirus containment procedures.
Rio Tinto has introduced strict measures at its Pilbara operations in Western Australia to combat the coronavirus, including redesigned rosters, social distancing and airport health checks.
A Northern Star Resources employee at the Pogo mine in Alaska has tested positive to coronavirus while on rostered leave.
Resolute Mining has lifted its quarterly gold production for the March period, which included the last gold pour at the Ravenswood mine in Queensland before it was sold to EMR Capital and Golden Energy and Resources.
Macmahon Holdings’ GBF Underground Mining business has signed off on its contract with Silver Lake Resources to provide additional work at the Mount Monger gold mine in Western Australia.
Kirkland Lake Gold is operating the Fosterville gold mine near Bendigo, Victoria at full levels of production, under newly introduced coronavirus health and safety protocols.
An expert from SAP Africa has said mining companies may be forced to adopt autonomous technology to keep production flowing amid worldwide shutdowns due to the coronavirus.
OZ Minerals has not experienced any production impacts at its mine sites, leading the company to retain its full year guidance despite deferring around $150 million in growth capital.
Pilbara Minerals has carried out its production moderation strategy amid the coronavirus pandemic, finishing the March quarter with $108.2 million in cash.
Austmine has collated government measures and advice to provide a reliable source of information concerning coronavirus to the mining industry.
BHP Mitsubishi Alliance (BMA) has limited interstate travel to those working in business critical roles in the mining sector.
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Evolution Mining has finalised its acquisition of the Red Lake gold mine in Ontario, Canada from Newmont for a total consideration of $US375 million ($612 million).
Galaxy Resources has successfully relocated its interstate contract workers to the Mt Cattlin site near Ravensthorpe, Western Australia for up to six months for workers’ health and safety.
The Australian Government has continued to work with state and territory ministers and the resources sector to ensure critical projects keep operating during the coronavirus pandemic.
The Malaysian Government has extended its movement control order to combat the coronavirus, causing Lynas Malaysia to prolong the temporary suspension of its production plant.
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 up to $1500 per person.
Australian Vanadium (AVL) has announced a business strategy to safeguard its “financial health” and preserve the Australian Vanadium Project in Western Australia during the coronavirus pandemic.
Rio Tinto has continued to operate most of its assets to fulfil customer orders while complying with government directives regarding coronavirus.