Gold’s Jobs Friday plunge

The company’s EL Limon Guajes mining complex in Mexico beat the revised production guidance of 390,000-420,000 gold oz. for 2020.

The emerging producer churned out a record 10,835 oz. in the fourth quarter, which is a quarterly record for the Sugar Zone mine.

Company is held by government pension funds and Zimbabwe’s sovereign wealth fund.

The Canadian company announced the discovery of eight potential drill targets at the RKV project.

The Canadian gold miners entered into an exploration earn-in agreement.

Corvus said that the new high-grade feeder zone shows good continuity and could expand the Mother Lode gold system’s grade and size in the northern end of the deposit.

Teck Resources can claim 100% of its exploration expenses on the Galore Creek mine development.

Company announced a new gold discovery 3.5 km north of its Bayan Khundii project.

Production at the Eagle mine in Q4 2020 was about 20% higher than the previous quarter.