TSX- and NYSE-listed Platinum Group Metals (PTM) has reiterated that it expects the South African Department of Mineral Resources and Energy to grant its Waterberg platinum/palladium joint venture (JV) project a mining right during June, as lockdown me…
PTM says market remains strong while it awaits Waterberg mining right grant Read More »
The World Gold Council (WGC) in its latest ‘Central Bank Gold Reserves (CBGR)’ survey highlights several notable shifts in central bank attitudes towards gold this year.
Increased interest in gold’s performance during times of crisis would suggest th…
Central banks indicate they will continue to buy gold, some more than usual Read More »
Aim-listed Sunrise Resources has published its environment assessment and supplemental environmental reports for the CS pozzolan-perlite project for public comment.
The project is based in Nevada, US.
Sunrise publishes enviro assessment for public comment Read More »
TSX- and NYSE-listed diversified miner Hudbay Minerals has posted record production from its Lalor mine, and record throughput at the Stall concentrator, in Manitoba, in the first quarter ended March 31.
The company reports that, on a quarter-on-quar…
Hudbay suspends Peru guidance, reports loss for Q1 Read More »
The World Gold Council (WGC) has analysed the potential performance of gold across four hypothetical scenarios provided by Oxford Economics in light of Covid-19 and ensuing economic lockdowns slashing global growth forecasts for this year.
The WGC ex…
Gold’s implied returns to come down sooner or later, says WGC Read More »
As the Covid-19 pandemic has sparked higher than normal volatility in the metals market near the end of the March quarter, NYSE- and TSX-listed First Majestic Silver decided to rather not sell its silver and gold inventories.
The company says paper p…
First Majestic holds on to inventory until silver prices improve Read More »
Canadian miner Monarch Gold has signed a memorandum of understanding with Glencore Canada Operation related to the potential use of Glencore’s Kidd concentrator, in Timmins, Ontario, for the treatment of ore.
The ore will be mined from Monarch’s Wasa…
Monarch is considering using Glencore’s Kidd concentrator for Wasamac Read More »
TSX-listed Teranga Gold has managed to swing from a net loss of $2.7-million in the first quarter of last year, to a net profit of $16.2-million in the first quarter of this year. This equates to a $0.13 apiece gain for shareholders in the quarter unde…
Teranga swings to Q1 profit, reports strong performance from new Burkina Faso mine Read More »
TSX- and ASX-listed OceanaGold posted a net loss of $26-million in the first quarter of the year, and an adjusted net loss of $10.7-million. This equated to an adjusted loss per share of $0.02 apiece.
The first-quarter loss compares with net profit …
OceanaGold sinks to Q1 loss, maintains production guidance Read More »
TSX-V-listed African Gold Group says its activities at the Kobada gold project, in Mali, remains unaffected by Covid-19.
The company has imposed a strict response plan at the project, which involves reducing the workforce on site and implementing ph…
African Gold remains on track to publish Kobada DFS soon Read More »
