Petra Diamonds delays interest payment to borrow $21m
The move would allow Petra to draw 400 million ($21m) rand of a 1 billion rand revolving credit facility to saty afloat.
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Alamos posts strong Q1 results
In the first quarter of the year, the company produced 110,800 ounces of gold.
Taseko keeps 2020 guidance
Production at Gibraltar open pit mine in Canada has so far not been affected by the covid-19 pandemic.
Epiroc continues to improve the Minetruck MT65 for underground
New engine dramatically lowers emissions for more sustainable operations.
CHART: Covid-19 disrupts $6.9 billion of global mining output
New report shows operations at 260 mines in 33 countries have been suspended – South Africa, US, Mexico hardest hit.
Monarch drills 109 m of 3.33 g/t gold at Fayolle; shares up
Monarch’s stock rose 13% on Thursday on the TSX.
Fortescue posts 10% rise in Q3 iron ore output
Company upgraded its guidance for 2020 shipments to 175-177 million tonnes based on strong operating performance.
Gold price back below $1,700 despite surge in ETF buying
Spot gold is back below the $1,700/oz mark, down nearly 2% to $1,686.
Yamana hikes dividend, cuts guidance
This is the third dividend increase announced by the company over the past year.