Nasdaq-listed firm caught up in 83-tonne fake gold bars scam Wuhan-based Kingold Jewelry is at the centre of what may be one of the biggest gold counterfeiting scandals in recent history. Bloomberg News | July 16, 2020 | 9:23 am
Vale says no decision made on resuming dividends Vale suspended dividend payments after the 2019 collapse of its dam in the town of Brumadinho. Reuters | July 16, 2020 | 9:04 am
Nigeria hopes gold mining reforms can bring in $500 million a year The state has made artisanal mining legal to create extra revenues. Reuters | July 16, 2020 | 9:00 am
Nornickel to cooperate with Russian Platinum on Arctic deposit Companies will cooperate in developing the Chernogorskoye platinum group metals deposit in Siberia. Reuters | July 16, 2020 | 8:57 am
Anglo sticks to 2020 output goals after Q2 slump Overall production fell 18%, with diamonds, platinum, palladium, iron ore, coal and manganese all falling, while copper and nickel rose. Reuters | July 16, 2020 | 8:48 am
Barrick sees 15% drop in Q2 gold output The company was hit by covid-19 disruptions and dispute in Papua New Guinea. Bruno Venditti | July 16, 2020 | 8:36 am
Barrick cuts power supply at PNG mine amid legal standoff World no 2 gold miner was refused an extension of its lease on Porgera mine in April with the Papua New Guinea government citing unrest and pollution concerns. Reuters | July 16, 2020 | 8:22 am
Barrick sees 15% drop in gold output on covid-19, dispute Barrick Gold expected a 15% decline in second-quarter production after covid-19 stoppages in Argentina and a dispute in Papua New Guinea. Reuters | July 16, 2020 | 8:12 am
Cortus Metals expands reach in Nevada The Edmonton-based miner signed a deal with Intermont Resources that may make it the holder of up to 23 gold-silver projects in the Silver State. MINING.COM Staff Writer | July 16, 2020 | 6:20 am