Kirkland Lake’s strong Q1 results boosted by Detour
First-quarter revenue of $554.7 million jumped 82% from $304.9 million in the year-ago period.
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Falling peso affects Torex’s Q1, shares drop
The miner reported a net loss of $47 million on revenue of $172 million for the quarter.
Gold price back below $1,700
Gold futures also narrowed its lead over spot prices as world's top gold refiners restore operations.
Condor granted permit to develop third pit at La India
Condor Gold shares jumped 23.6% to a near 52-week high on Wednesday.
Anthony Hawkshaw, Elsiario De Mayolo, Eric Caba, Andres Franco CEO, COO, VP PD, VP corporate development, Bear Creek
In March 2020, Bear Creek Mining announced it had engaged BNP Paribas and Société Générale for a $400 million senior secured credit facility.
HSBC reveals it was caught out as lockdowns snarled gold market
In a filing, the bank cited “delivery disruptions in the gold market” as one reason why it breached its value-at-risk limits 12 times in March.
Africa’s top gold refiner restarts smelter
Rand Refinery will restart the plant this week after a month-long shutdown.
Dwarsrivier shuts after covid-19 case
Production at chrome mine in South Africa was suspended after an employee tested positive for covid-19.
Harmony to issue $200m worth of shares for AngloGold deal
Harmony has also withdrawn its annual production guidance for the financial year.
