16 October

Canadian miner Barrick Gold has forecast its gold output to decline by 10.8% in Q3 as the company’s Porgera gold mine in Papua New Guinea was closed during the quarter. The mine’s lease was not extended by the Papua New Guinea government in April owing to protests from the local community and environmental concerns.

Zanele Matlala, vice president of Minerals Council South Africa, said the country’s mining industry is taking all necessary steps to ensure the health and safety of its employees. Addressing a health webinar, Ms. Matlala said that the mining sector had registered 17,000 Covid-19 cases and 190 deaths so far. She added that the Masoyise Health Programme was established to address occupational health concerns in the industry.

Mountain Province Diamonds, a Canadian diamond company, announced a 16% decline in production in the third quarter compared to the same period in 2019. The decline in production was attributed to the ongoing pandemic, although Q3 production levels were still higher when compared to Q2 figures.

Chile’s government-owned copper mining company, Codelco, reported that it has resumed production, following disruption caused due to Covid-19. The miner was forced to cut its labour force and halt expansion plans due to the pandemic. The company’s CEO Octavio Araneda said that the company aims to meet its yearly production goals.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData