CME’s new contract no quick fix for gold market turmoil, traders say
CME said it would announce the launch date for the new contracts this week.
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Sandvik to cut costs due to coronavirus impact, reduces dividend
Short-term actions primarily related to reduced working hours could save about $148 million this year.
Vale to battle coronavirus with thermal cameras
The cameras will be imported from Sweden and China and begin arriving at the end of March.
Barrick unveils 10-year plan to become world’s most valued gold miner
The strategy sees it boosting production to 5 million ounces of gold a year, with the bulk coming from its North American operations.
Tudor fully funded for 2020 drilling at Treaty Creek
The British Columbia property is believed to host over 188m oz gold, 1.2 bn oz silver, 55bn lbs. copper in resources all categories included.
World Federation of Diamond Bourses working on new trading platform
The WFDB believes that the new platform would also strongly contribute to the promotion of the trade and to healthy competition.
Sumitomo halts mines in Bolivia, Madagascar
Covid-19-related measure affects the company’s San Cristobal silver-zinc-lead mine and Ambatovy nickel mine.
Coronavirus slows US push to produce electric vehicle minerals
Virus is dealing a blow to President Donald Trump's plan to curb Chinese control of the strategic minerals sector.
GoGold hits high grades at Los Ricos South
The company also announced that its operations were not affected by the spread of the covid-19 virus.
