Peabody biggest loss follows writedown of top US coal mine
The largest US coal producer took a $1.42 billion impairment charge on the North Antelope Rochelle mine in Wyoming.
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Torex produces 59,508 oz. in Q2, updates 2020 guidance
The company expects to produce 390,000 oz. to 420,000 oz. of gold this year.
Victoria repays $10 million of secured credit facility
Company made a $10 million early unscheduled repayment of interest and principal towards its $100 million senior secured credit facility.
Metso Outotec acquires Davies Wear Plate Systems
Newly formed Metso Outotec has closed the acquisition of the Australia-based fastener and wear monitoring technology provider.
South Africa’s diamond polishers look to lockdown lovers to add shine
South African firm Nungu Diamonds said its custom-made jewellery sales have grown 60% since country imposed a strict lockdown.
INTERVIEW – John Reade, Chief Market Strategist, WGC
From an investment perspective, the North American market and Europe have been particularly active.
Premier Gold Mines considering US spin-out
The spin-out would be a US-based public company holding the South Arturo and McCoy-Cove properties.
Bulls bet that bond market’s trillions are coming for gold
Some argue that Wall Street should see the metal as an essential part of a portfolio rather than a niche and speculative asset.
Cobalt price surges on transport delays from SA
Transport delays from South Africa against an increasingly robust Chinese demand have fuelled a price rally for cobalt hydroxide.