Kitco Newsn

(Kitco News) – “Electrification of mining equipment, such as diesel trucks and gas-consuming appliances, is only starting to become economical. Right now, only 0.5 percent of mining equipment is fully electric. However, in some cases, battery electric …

(Kitco News) – “We want to maintain a contractual relationship with most of the contractor companies with which we are working today, but we must accept that, given the current conditions, many cannot do the work for which they are contracted,” said Fr…

(Kitco News) – A number of mining companies have chipped in to help fight COVID-19

(Kitco News) – On Pembridge’s website, Minto’s mine plans are for operating a modified room & pillar long hole with a open-stope retreat. Mill has a capacity of 4,000 tpd. The mine should employ around 100 people.

(Kitco News) – Gold played a key role during a historically poor first quarter as equities around the globe suffered massive losses amid COVID-19 panic.

(Kitco News) -Easing panic sentiment in financial markets is helping to boost silver prices above a critical psychological level of $15 an ounce, but one market analyst is not expecting the precious metal to outperform gold in the near-term.

(Kitco News) – Due to country-wide lockdown in South Africa, Wesizwe Platinum said Monday it is delaying publication of the company’s 2019 financial results.

(Kitco News) – Gem Diamonds (LSE:GEMD) said Monday that the second round of the Letšeng flexible tender sales raised a further $6.7 million.

(Kitco News) – Egyptian gold miner Centamin said Monday it has committed 10 million Egyptian pounds, equivalent to circa US$635,000, to support Egypt’s response efforts to combat the coronavirus.

(Kitco News) – Egyptian gold miner Centamin said Monday it has committed 10 million Egyptian pounds, equivalent to circa US$635,000, to support Egypt’s response efforts to combat the coronavirus.