October 21, 2020

Fortuna pours first gold at Lindero, shares up

The pour took place on Tuesday, and produced 728 ounces of gold.

October 21, 2020

Gold to march higher but record-breaking rally will slow – poll

Spot gold will average $1,788 an ounce this year and $1,965 an ounce in 2021, the median forecasts returned by Reuters poll of 42 analysts and traders showed.

October 21, 2020

Caledonia said to eye one of Zimbabwe’s largest mines

The Jersey-based gold producer is weighing an acquisition of Bilboes Gold Ltd.’s Isabella-McCays-Bubi mines, in northwest Zimbabwe, according to a person familiar with the details.

October 21, 2020

Soma Gold acquires second subsidiary in Colombia

Four Points, the owner and operator of the El Limón mine, will now be a subsidiary of Soma Gold.

October 21, 2020

Battle North tables feasibility study on high-margin mine at Bateman

Study on the project in the Red Lake district has defined a 7-year, 1,315 t/d underground operation.

October 21, 2020

Nordgold matches Shandong Gold’s offer for Cardinal in takeover battle

Nordgold refuses to give up the fight for Cardinal Resources; it has now offered A$1 per share.

October 21, 2020

Miners speed up automation as covid-19 impacts linger

About 20% of people currently working in the mining and metals industry are at risk of being replaced by robots, says the the World Economic Forum.

October 20, 2020

Josemaria eyes production in 2026 at $3.1b mine in Argentina

A 152,000-tonne-per-day open-pit mine at Josemaria would deliver an average of 136,000 tonnes of copper, 231,000 oz. of gold annually over a 19-year mine life.

October 20, 2020

ESG metrics need reporting standard, says mining CEO

Polymetal CEO Vitaly Nesis told FT the current methods of ESG scoring are 'inconsistent and inaccurate'.

October 20, 2020

Brazil metal exports up 36% in Q3 vs Q2, driven by Vale

Iron ore exports totaled around $8 billion, 62% higher than in Q2.