Yamana reports Q2 production, cuts FY guidance to reflect Chapada sale
Second quarter production reached 257,556 gold-equivalent ounces, which Yamana says exceeded plan.
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Development snapshot: Eight juniors looking to supply the electric vehicle revolution
While the prices for key battery minerals have so far been subdued in 2019, the general excitement about the future wide adoption of EVs continues to fuel activity.
Saudi Arabia expands reach of $28bn fund to energy, mining
The changes greatly extend the purview of the Saudi Industrial Development Fund, which previously only provided financing to local manufacturing businesses.
Kirkland Lake Gold posts record quarterly production at Fosterville mine
Production across the company's operations totaled 214,593 ounces in Q2 2019.
Chile to triple fines for environmental damages, infractions
The government seeks to impose fines of up to $215,000 for each violation of the country’s environmental rules.
Avesoro sticks to 2019 guidance, despite gold output drop
The company's gold production fell to 34,338 ounces in the three months to June 30 from 45,098 ounces in the previous quarter, equivalent to a 43% drop from Q2 2018.
University study confirms porphyry systems at Jaxon’s BC project
Tourmaline breccia at the Red Springs project contains tourmaline which shows chaotic zonation, typical of mineralized porphyry systems.
Prophecy’s Mongolian coal mine achieves record production
Following a two-month halt in operations, monthly coal production at Ulaan Ovoo reached 37,800 tonnes in June.
Hudbay Minerals’ Alan Hair steps down as CEO
Former Nevsun Resources leader, Peter Kukielski, will serve as interim-CEO, while the miner looks for a permanent boss.
