Canada’s Saracen Mineral Holdings is the buyer.

NASA LandSat images revealed that the Madre de Dios River watershed has up to 10 times the normal suspended sediment concentrations.

MINING.COM analysed the effect of the gold price on the gold mining industry using data from sister company Mining Intelligence’s proprietary Data Application.

The Toronto-based gold miner reported adjusted earnings of $35.3 million compared to a net loss of $1.5 million in the same quarter last year.

The major gold miners just enjoyed a phenomenal quarter for gold, which soared after its first bull-market breakout in years.

The biggest former Yugoslav republic is following Hungary and Poland, where officials boosted gold reserves in 2018 to create a bulwark against crisis.