Excellon restarts Mexico operations, stock rises
Excellon reported production of 523,742 silver equivalent ounces for Q1 2020, compared to 522,261 in Q1 2019.
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Avino restarts Durango mine, shares up
The Avino mine produced a record 262,238 silver ounces in Q1.
Vale reverses order to shut Itabira
The labor authorities reported that 200 local employees have tested positive for coronavirus.
Novo makes new discovery at Pilbara gold project
Earlier this month, Novo recommenced its exploration program at Egina and identified another gold-bearing channel.
Gran Colombia axes merger with Gold X
Guyana Goldfields rejected Gran Colombia’s proposal and entered into an amended agreement with Silvercorp.
Alrosa cuts 2020 production over falling demand
Company is cutting its output to 28-31 m carats, compared to initial guidance of 34 m carats.
Brazil court revokes decree that halted Vale operations
Authorities suspended Vale’s operating license after agents said that the company’s onsite activities have “not respected the rules of social isolation.”
Rio Tinto’s Kennecott starts drilling at Frisco
Kennecott will spend an initial $6 million on exploration to gain a 55% interest in the project.
Uranium Energy shares rise on US approval for Wyoming plant boost
The company received approval to raise the licensed production capacity at its Irigaray plant to 4 million lb of U3O8 per year.
