African Rainbow Minerals posted positive FY2020 financial results despite Covid-19 impact
Salient features: Headline earnings increased by 6% to R5 534 million or R28.50per share (F2019: R5 226 million or R27.18
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Iron Ore
Fortescue reports 6% decline in Mineral Resources year-over-year
Fortescue Metals Group (ASX:FMG, Fortescue) presents the Ore Reserves and Mineral Resources statement for its Hematite and Magnetite operating properties
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Export of Peruvian mining products fell by 31% in June
In June 2020, the total Peruvian exported volume of goods decreased by 30.5% when compared to the same month of
Read moreFortescue reports outstanding operating performance in Q4, contributing to record iron ore shipments for FY20 and lower costs
Highlights• Total Recordable Injury Frequency Rate (TRIFR) reduced to 2.4 in the 12 months to 30 June 2020 (FY20), improving
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Norilsk Nickel reports decline in output of all its primary metals during H1 2020 year-over-year
Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces preliminary consolidated production results
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Anglo American’s Kumba Iron reports 11% decline in iron ore output during H1 2020
HIGHLIGHTSOperational performance during the period reflects the lockdown and subsequent reopening of our operations with a reduced proportion of our
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Merafe reports ferrochrome production fell 42% due to Covid-19 crisis
Production ReportMerafe’s attributable ferrochrome production from the Glencore Merafe Chrome Venture for the six months ended 30 June 2020 decreased
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Rio Tinto reports Q2 2020 production was 1% up y-o-y on copper equivalent basis
Q2 Operational update Rio Tinto Chief Executive J-S Jacques said: Overall, we achieved a robust production performance with volumes up
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Anglo American reports Q2 production was seriously impacted by COVID-related stoppages
Output of almost all commodities was down during Q2 2020 y-o-y, except copper and nickel Q2 Highlights• Minas-Rio in Brazil
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Iron ore prices high on suspension of iron ore mines and robust steel production
Iron ore prices have continued their upward trajectory, reaching more than $US103 per tonne and remaining above $US100 nearly every
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