July 7, 2020

Kirkland Lake reports 54% increase in Q2 output

YTD the company has produced 660,634 oz gold, 48% higher than the first half of 2019.

July 7, 2020

Gold price vaults $1,800 – highest since September 2011

Scramble for gold-backed ETFs reaches fever pitch with $40 billion of bullion snapped up so far this year.

July 7, 2020

Novagold sues J Capital Research for defamation

JCAP had accused Vancouver-based explorer of “systematically” misleading investors about its Donlin project in Alaska.

July 7, 2020

First Quantum restarts Cobre Panama operations

Company expects to ramp up to full production by mid-August.

July 7, 2020

Gates, Bezos-backed firm searching for cobalt in Canada

KoBold aims to create a “Google Maps” of the Earth’s crust, with a special focus on finding cobalt deposits.

July 6, 2020

Freeport beats revised Q2 copper sales, shares jump

Second-quarter copper sales are expected to exceed the estimate of 690 million pounds by approximately 8%.

July 6, 2020

K92 achieves record quarterly production, stock jumps

Production totalled 26,847 oz AuEq, a 37% improvement over the same quarter last year.

July 6, 2020

Skeena exercises buy option on Barrick’s Eskay Creek

Shares of Skeena Resources hit an all-time high Monday.

July 6, 2020

Prospect Resources picks advisor for sale of Zimbabwe mine

Company picked Renaissance Securities as advisor for the possible sale of shares in Arcadia lithium mine to Uranium One.

July 6, 2020

Peru miners under siege as coronavirus cases top 300,000

Mining companies must keep operations suspended and halt new ones as confirmed cases in the sector surge.