Trevali Mining (TSX: TV; US-OTC: TREVF) has suspended operations at its Santander zinc-lead-silver mine in Peru after 19 workers tested positive for the Covid-19. Trevali…
Trevali suspends Santander mine after 19 workers test positive for coronavirus Read More »
A “perfect storm” of surging government debt levels, plunging real bond yields, rising coronavirus cases and deteriorating economic forecasts pushed the price of gold to an eight-year high last week, and some analysts now project the metal to top its all-time high within the next 12 months.
This Could Be the “Perfect Storm” that Pushes Gold to a New Record High Read More »
Vale says request is a “transparent publicity stunt” crafted to avoid paying a $2bn arbitration award.
Vale asks court to dismiss Steinmetz’s plea for documents Read More »
(Kitco News) – Hope that the global economy, devastated by the COVID-19 pandemic, will see a sharp recovery is driving broad commodity prices higher; however, one international bank is not convinced the current optimism will last.
Gold is the only commodity that looks good through 2020 – UOB Group Read More »
South African investment management company Fairtree Asset Management now holds more than 5% of the ordinary shares of gold mining company Harmony Gold, the company stated on Monday. The Cape Town-based Fairtree, which describes itself as a ‘long-only’…
Fairtree takes 5%-plus of Harmony Gold Read More »
TSX-listed Iamgold said on Monday that it had received approval for its application under Section 36 of the Fisheries Act (Canada) for the Côté gold project in Ontario. The project is a key milestone in attaining permits relating to impacts on fish hab…
Iamgold receives key federal approval for Côté gold project Read More »
(Kitco News) – After a steady three-month decline, the latest trade data from the Commodity Futures Trading Commission (CFTC) shows that hedge funds are starting to jump back into gold as the market takes a run at long-term resistance at $1,800 an ounc…
Hedge funds buying gold as economic fears start to rise Read More »
South Africa’s indebted power utility Eskom Holdings plans to issue a R1-billion sukuk bond as it tries to diversify funding sources to reduce borrowing costs. Eskom has appointed a lead arranger “to work towards establishing time lines for the issue,”…
Eskom widens its funding search to sukuk market Read More »
Sasol expects binding bids within weeks for its stake in a natural gas pipeline running from Mozambique to South Africa, as the company accelerates asset sales to pay off debt, according to people familiar with the process. The bidding round underway f…
Sasol’s asset sale programme advances with bids due for pipeline Read More »
TSX-V-listed UrbanGold Minerals and TSX-listed Argonaut Gold have entered into a formal joint venture (JV) for the Bullseye property located about 17 km south of the former producing Troilus gold/copper mine and 100 km north of Chibougamau, Quebec.
Ur…
UrbanGold and Agronaut enter formal Bullseye JV Read More »
