Gold price heads for sixth straight weekly gain
Bullion is back above $1,800 an ounce as coronavirus cases hit new high in the US.
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Triple Flag closes $550 million gold and silver stream on Northparkes mine
The deal gives Triple Flag rights to the majority of the gold and silver that will be produced at the mine in New South Wales.
Turquoise Hill gets proxy backing in shareholder row
The Rio Tinto subsidiary has also raised its gold production guidance for this year.
RBC hikes silver price forecasts
RBC Capital Markets has raised its silver price forecasts by 16% in 2020, 17% in 2021 and 14% in 2022.
Deaths in South African mines fall to 51, lowest in a century
A poor safety record in South African mines, which have some of the deepest in the world, has been a concern for investors.
Nornickel to double covid-19 spending to almost $280m
The company said the measures would include anti-virus security at production sites and employee support.
SSR-Alacer merger gets final approval
The combined company would be estimated to produce an average of 780,000 gold equivalent ounces at ~$900/oz AISC over the next three years.
Conflict gold in spotlight as investors flock to safe haven
Suppliers are coming under pressure to make sure the metal hasn’t financed conflict or been linked to corruption or human rights abuses.
Canada asks for ‘patience’ in aluminum spat with US
Canadian Ambassador says the country will retaliate if the US reimpose aluminum tariffs.
