Gold demand soars in some hubs, lockdowns, supply woes hit others
Physical bullion markets in major Asian hubs saw a sharp divide this week with some regions seeing a surge in demand, while others grappled with strained supply.
Latest Stories
New Gold brings Ontario mine back online
Operations at Rainy River were halted for for two weeks to comply with federal and provincial coronavirus guidelines.
Ivanhoe moves hundreds to mine site
Strict quarantine and lockdown measures have been implemented at Kamoa-Kakula.
Palladium One’s 20,000-hectare Finland reservation gets permit
The reservation is adjacent to the company’s flagship Läntinen Koillismaa project.
Brazil shuts 47 mining dams deemed unsafe
More than half of them belong to Vale, whose Córrego do Feijão mine’s tailings collapsed last year, releasing a torrent of mining waste that killed about 270 people.
Brazil mining regulator orders closure of 25 Vale dams
Last October, 54 Brazilian dams failed to certify their stability or file the stability paperwork altogether.
Treasury drills high grades at Goliath
The company has drilled 9,000 metres of a 15,000 metre drill program planned for Goliath this year.
RCT automates fleet in Burkina Faso
Company has executed a project with African Underground Mining Services at the Siou underground gold mine.
MINING PEOPLE: Blue Thunder, Gold X Mining, Japan Gold, Trevali
Key moves in the Canadian mining sector.
