(Kitco News) – Gold producers collectively appear better positioned to weather an expected recession brought on by the COVID-19 pandemic than other sectors of the economy, said Joe Foster, portfolio manager of Van Eck International Investors Gold Fund …
(Kitco News) – Gold producers collectively appear better positioned to weather an expected recession brought on by the COVID-19 pandemic than other sectors of the economy, said Joe Foster, portfolio manager of Van Eck International Investors Gold Fund …
Aim-listed Arc Minerals has entered into a binding royalty agreement with Golden Square Equity Partners, following the sale of Arc’s entire 99.43% interest in Casa Mining to Golden Square for up to $50-million, as announced in March. Under the terms of…
Arc finalises royalty agreement with Golden Square Read More »
Space agency Roscosmos has likened the Presidential order to colonialism.
Russia slams Trump’s order to spur mining the moon, asteroids Read More »
JSE-listed Afrimat expects its earnings a share for the year ended February 29 to be between 318.2c and 362.4c, reflecting an increase of between 44% and 64% year-on-year. Its headline earnings a share are expected to be between 323.1c and 369.9c, refl…
Afrimat expects to report higher full-year earnings Read More »
Ratings agency Moody’s Investors Service already had negative outlooks for steel industries across the world, largely based on weak fundamentals in 2019, but the Covid-19 outbreak has made conditions worse and prompted the agency to cut the outlook for…
Moody’s cuts outlook for steel industries further Read More »
JSE-listed coal miner Wescoal will make use of the two-month extension period afforded to listed companies for reporting on their results for the year-ends to December 31, 2019; and January 31, February 29 and March 31, this year.
Wescoal motivates t…
Wescoal delays results publication to August Read More »
The World Bank is forecasting that gross domestic product in South Africa could slump by between 6.9 percentage points and 8 percentage points in 2020 when compared with a base case that does not include the anticipated economic fallout from the Covid-…
Gold producer Caledonia Mining’s Blanket mine, in Zimbabwe, produce 14 233 oz of gold in the quarter ended March 31, a 19% increase on the 11 948 oz produced in the corresponding quarter of 2019. CEO Steve Curtis credits the operational team for the in…
Blanket mine’s first-quarter output rises 19% y/y Read More »
London-listed potash developer Emmerson started this year with a great deal of purpose, making progress on its feasibility study and a clear plan for the future to further de-risk the Khemisset project, in Morocco. Following a rigorous site selection t…
Emmerson to apply for mining permit in Morocco before year-end Read More »
