COVID-19 Mining Update

Posted on Mar 25, 2020
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CBC: Thousands of northern Ontario miners, mill workers stay on the job despite COVID-19

https://www.cbc.ca/news/canada/sudbury/essential-industries-covid-northeastern-ontario-1.5509184

As of Wednesday, only businesses deemed by the province to be “essential” are allowed to keep running in the face of COVID-19.

That includes some of the biggest employers in the northeast: mines, sawmills and steel plants are all staying open.

 

Newswire: Appian Offers Credit Support to Mining Companies Through Coronavirus Crisis

https://www.newswire.ca/news-releases/appian-offers-credit-support-to-mining-companies-through-coronavirus-crisis-802667766.html

Appian will provide short-term, flexible financing solutions across the capital structure, including credit facilities, to support mining companies with near term balance sheet pressures and liquidity concerns – in addition to considering our usual direct equity investments. 

The long-term nature of the Appian Funds’ capital base and the flexibility of Appian’s investment mandate allow Appain to support partners within the range of US$50 million to US$300 million of financial support, including equity, bridge loans and other forms of credit. 

 

Newswire: Eastern Platinum Limited’s Operations in South Africa to Temporarily Close Effective March 27, 2020 to Comply with the South African 21 Day Lockdown Due to Coronavirus

https://www.newswire.ca/news-releases/eastern-platinum-limited-s-operations-in-south-africa-to-temporarily-close-effective-march-27-2020-to-comply-with-the-south-african-21-day-lockdown-due-to-coronavirus-802505919.html

The president of South Africa, Mr. Cyril Ramaphosa, has imposed a nation-wide twenty-one (21) day lockdown to fight the Coronavirus outbreak. The lockdown will begin at midnight on March 26 in South Africa and end at midnight on April 16. Individuals will not be allowed to leave their homes except under strictly controlled circumstances, such as to seek medical care and buy food and medicine.

As a result, Eastern Platinum will temporarily close all operations in South Africa including the current re-mining operations at Crocodile River Mine (“CRM“), except for some critical underground care and maintenance activities where the Company will seek an exception. 

 

Newswire: Golden Star Reports a Fatality at the Prestea Gold Mine

https://www.newswire.ca/news-releases/golden-star-reports-a-fatality-at-the-prestea-gold-mine-826080811.html

“This is a tragic accident and all of our thoughts are with our colleague, his loved ones and the wider team at Prestea. The accident will be investigated fully and we will redouble our efforts to make sure that we prevent anything of this nature from happening in the future. We will also provide support for all those impacted by this accident.”

 

Yellowknives Dene First Nation statement regarding NWT Diamond Mines/Covid 19

https://www.myyellowknifenow.com/47348/yellowknives-dene-first-nation-statement-regarding-nwt-diamond-mines-covid-19/ 

As of March 19th, Dominion Diamond Mines announced that it would put Ekati Diamond Mine into temporary care and maintenance.

  • Yellowknives Dene First Nation respects their decision.

As for DeBeers and Diavik mines, both remain in operation and have put procedures and protocols in place directly related to COVID-19 to ensure the safety of their workers and communities of the NWT.

  • Yellowknives Dene First Nation consulted extensively with both DeBeers and Diavik and is confident that they are making decisions that will keep their employees and our communities safe in this time of crisis.
  • Yellowknives Dene First Nation reminds residents of  the diamond industry’s extensive safety record in the NWT, that is second to none.

“These mines have kept their employees, many of which are our people, incredibly safe for many years. We have faith that the diamond industry will continue to do what is in the best interests of safety, employees, and communities.”

They say they will continue to have constructive dialogue with each mine as it relates to COVID-19 and work with them to overcome these challenging times.

 

Financial Post: Capstone Provides Update on COVID-19; No Impact to Operations to Date

https://business.financialpost.com/pmn/press-releases-pmn/business-wire-news-releases-pmn/capstone-provides-update-on-covid-19-no-impact-to-operations-to-date

The Company put out new guidance in lite of the copper prices and a statement that to date, COVID-19 has not impacted production or concentrate shipments at Pinto Valley or Cozamin, nor has there been any significant impact on, or disruption of, the Company’s supply chain.

 

Sudbury Star: Vale, Glencore continue to operate in Sudbury, although under strict conditions

https://www.thesudburystar.com/news/local-news/vale-glencore-continue-to-operate-in-sudbury-although-under-strict-conditions 

The industry is considered essential, according to the province, so work is allowed to proceed 

Deemed critical by the government are “businesses that ensure global continuity of supply of mining materials and products (e.g. metals such as copper, nickel and gold) and that support supply chains in Northern Ontario.

These include “mining operations, production and processing; mineral exploration and development; and mining supply and services that support supply chains in the mining industry.

 

Globe Mining Review: Rio Tinto slows operations in Quebec and South Africa

https://www.globalminingreview.com/mining/25032020/rio-tinto-update-on-covid-19/

As a result of separate actions by the Premier of Quebec and the President of South Africa to contain the spread of COVID-19, Rio Tinto has decided to slow down some of its operations.

At Richards Bay Minerals (RBM) in South Africa, Rio Tinto will curtail production in compliance with a directive from the government aimed at containing the spread of COVID-19. As a result, all mining operations at RBM will be halted by midnight on 26 Thursday March, for 21 days.

In Canada, because of the threat of COVID-19, the Premier of Quebec has announced the closure of all non-essential businesses from midnight on 24 March 2020 to 13 April 2020. The company understands that the Quebec government has designated industrial complexes including the aluminium sector and the mining industry as essential industries but instructed that they must reduce their business activity to the minimum. 

 

Nunatsiaq News: Nunavik’s Raglan mine put into care and maintenance due to COVID-19

https://nunatsiaq.com/stories/article/nunaviks-raglan-mine-heading-into-care-and-maintenance-due-to-covid-19/ 

  • The Raglan mine in Nunavik has announced that it will mothball its operations and send nearly all its workers home, as it goes into care and maintenance due to COVID-19 concerns.
  • The move came after the Quebec Government put all non-essential businesses in the province “on pause” until April 13.
  • The mine employs 500 people.

 

Mining Journal:  Sukari unaffected by COVID-19 says Centamin

https://www.mining-journal.com/gold-and-silver-news/news/1383651/sukari-unaffected-by-covid-19-says-centamin 

Operations at Centamin’s Sukari gold mine in Egypt remain unaffected by Covid-19, and the London-listed miner has stockpiled enough critical supplies to last for the next quarter.  

Egypt has closed its borders to civilian travel until April 15, but borders remain open to goods and supplies.

 

Junior Mining Network: Abitibi Royalties Canadian Malartic Mine ramping down

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1366-tsx-venture/rzz/74818-abitibi-royalties-covid-19-update.html  

 

The Canadian Malartic Mine will be placed on care and maintenance until April 13, 2020 in accordance with the Québec provincial government-mandated restrictions to address the COVID-19 pandemic as announced by the province on March 23, 2020. 

Exploration activities will be suspended during that time. 

The operators further state that they plan to maintain a state of operational readiness in order to resume normal operations in a timely and safe manner once the restrictions are lifted.

 

Northern Ontario Business: Lac des Iles Mine doubles down

https://www.northernontariobusiness.com/industry-news/mining/lac-des-iles-mine-doubles-down-on-covid-19-protocols-as-production-continues-2194253 

“The Lac des Iles Mine (LDI) remains open and active,” indicates a March 18 Facebook posting from Impala Canada on the activity at their palladium operation in northwestern Ontario.

“We will continue to deliver products to our customers and a livelihood for our employees.”

 

Tb News watch: Helmo gold mine stays in operation during COVID-19 Pandemic.

https://www.google.com/search?q=mining+COVID-19&client=firefox-b-d&tbs=qdr:d&tbm=nws&ei=GGZ7XpqyEamt_Qbqqa74Aw&start=20&sa=N&ved=0ahUKEwianuDU5rXoAhWpVt8KHeqUCz84ChDy0wMIXA&biw=1435&bih=689&dpr=1 

Hemlo gold mine stays in operation during COVID-19 pandemic. Barrick says it is taking precautions to reduce the threat of COVID-19

 

JUNIOR MINING IN CANADA

First Mining Temporarily Suspends Operations in Ontario and Provides COVID-19 Response

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1525-tsx/ff/74797-first-mining-temporarily-suspends-operations-in-ontario-and-provides-covid-19-response.html

 

Seabridge Gold Reports on its COVID-19 Response

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/933-tsx/sea/74812-seabridge-gold-reports-on-its-covid-19-response.html 

 

SOUTH AMERICA

Junior Mining Network: SolGold PLC Announces COVID-19 Operations Update

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2150-tsx/solg/74803-solgold-plc-announces-covid-19-operations-update.html

 

EUROPE

Junior Mining Network: Palladium One Announces Response to COVID-19

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1909-tsx-venture/pdm/74791-palladium-one-announces-response-to-covid-19.html 

At PR Associates, there is no learning curve because health and science communication is all we do. As experts and seamless extensions of your team, we use science storytelling to clarify complexity, capture imaginations, shift mindsets, and stimulate investment interest.

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