U.S. employers cut an unprecedented 20.5 million jobs in April, the most in history, while the unemployment rate rocketed up to 14.7 percent. As of last week, a head-spinning 33.5 million Americans, or one out of every five workers in the U.S. labor force, have lost their jobs as a result of coronavirus lockdown measures.
Gold Royalty Companies Report a Solid First Quarter on Higher Metal Prices Read More »
Dual-listed Altus Strategies has recorded encouraging results from a 70-hole 2 042 m shallow air core (AC) drilling programme to test the potential strike extension of the FT Prospect at the company’s Tabakorole gold project, in southern Mali. The prog…
Altus records encouraging results in Mali Read More »
The sale of the South African portfolio to Harmony Gold had made excellent progress, with unconditional competition approval received last week, AngloGold Ashanti CEO Kelvin Dushnisky said on Monday. The announced sale of the South African operations t…
Progress in sale of AngloGold’s South African assets to Harmony Read More »
TSX-listed base and precious metals miner Royal Nickel Corporation RNC Minerals (RNC) has entered into a purchase agreement to acquire the Spargos Reward gold project, in Western Australia.
Spargos Reward contains a historical Joint Ore Reserves Commi…
RNC to buy Spargos Reward gold project, tables name change Read More »
Aim-listed IronRidge Resources has conditionally raised £4.75-million before expenses through the placing of, and subscription for, new ordinary shares in the company. The funds will be used towards an accelerated drilling programme at the Zaranou gold…
IronRidge raises £4.75m to advance projects Read More »
There is every chance that the gold price could exceed $2 000/oz, said AngloGold CEO Kelvin Dushnisky on Monday. Answering journalists’ questions during a virtual media roundtable, Dushnisky said that a gold price higher than $2 000/oz would not come a…
Gold price exceeding $2 000/oz would not surprise me – Dushnisky Read More »
A mechanism is in place to repatriate $252-million from the Democratic Republic of Congo (DRC), AngloGold Ashanti CEO Kelvin Dushnisky said on Monday. The Johannesburg- and New York-listed company drew attention to the outstanding cash balances awaitin…
Mechanism in place to repatriate $252m from DRC – AngloGold Read More »
Aim-listed Kefi Minerals has conditionally raised £3.7-million, before expenses, through the placing of 569-million new ordinary shares in the capital of the company to existing and new shareholders. Investors in the placing include UK investor RAB Cap…
Kefi raises £3.7m for Ethiopian gold project development Read More »
Aim-listed Kefi Minerals has conditionally raised £3.7-million, before expenses, through the placing of 569-million new ordinary shares in the capital of the company to existing and new shareholders. Investors in the placing include UK investor RAB Cap…
Kefi raises £3.7m for Ethiopian gold project development Read More »
Gold miners SSR Mining and Alacer Gold on Monday announced their at-market merger of equals, creating a company with assets in the US, Canada, Argentina and Turkey.
Shareholders in TSX- and ASX-listed Alacer would receive 0.3246 SSR Mining shares for …
SSR Mining and Alacer Gold announce zero-premium merger Read More »
