Despite Brazil’s covid-19 spike, Minister of Mines optimistic
Bento Albuquerque said revenue from mineral production in H1 2020 was 1% higher than in the first half of 2019.
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India, China gold retail markets reel from pandemic pain
Physical bullion remained out of favour this week among consumers in top hubs China and India in the grip of the coronavirus
Silver demand exploding
Silver has skyrocketed since mid-March’s covid-19 lockdown stock panic.
Lucara sales deal to keep cash flow from large stones coming for 2020
Company to sell production from its Karowe mine in Botswana through an agreement with HB Group, an Antwerp-based diamond manufacturer.
OceanaGold’s Waihi PEA outlines production growth
PEA suggests an additional 2.2 million oz. of gold output from the Waihi district in New Zealand between 2021 and 2036.
TE introduces hybrid and electric high voltage kits
Kits are available for several of the company’s connector systems and are suited for high-voltage, hybrid and electric mobility applications.
Corvus discovers new oxide zone at Mother Lode
The company has released assay results for hole CH20-011, which returned 196.6 metres of 0.44 g/t gold, starting at 263.7 metres.
Intergovernmental Forum calls for resource taxation re-evaluation
IGF has launched the Future of Resource Taxation, a new initiative aiming to improve the way governments collect revenue from the mining sector.
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.