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Weekly Roundups

Industry Gets Ready to Weather COVID-19 Storm

Fri, 03/20/2020 - 15:26

The Week in Mining highlights the industry’s response to COVID-19. Global trends, such as automation and insurance schemes, are being reconfigured. Miners with operations in Mexico are taking steps to minimize risks. Dig into the week’s most important mining news.

Global Trends

As mining companies see their operations disrupted by the COVID-19 pandemic, the appeal of automation increases. Mining Technology takes a look at some of the biggest players and projects in the automated mining space.

 

Fitch Solutions sees increasing risk to mineral production as the COVID-19 pandemic raises the chances of persistent operational disruptions.

 

Compiling a comprehensive risk management program will go a long way to secure a favorable risk analysis and rating with insurance companies.

 

Nevada, ranked as the third-best mining jurisdiction according to the Fraser Institute, has released new guidelines for the management of staff and labor in the mining sector amid the COVID-19 crisis.

 

Mexico News

As COVID-19 reaches some of the world’s remotest mines, operators with assets in Mexico implement protocols to minimize risks.

 

Minera Alamos Inc. reports it has executed an internal plan of action to help minimize any disruptions to ongoing operations, while ensuring the health and safety of company personnel, community partners and stakeholders.

 

Argonaut Gold has implemented protocols to minimize contagion risks. To date, the company has no known or suspected cases of COVID-19 infection at any of its sites or at its corporate or regional offices.