Gold price leaps to $1,750
Gold vaults by $70 an ounce to 7-and-a-half year high as US central bank floods financial system with cheap money.
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Great Panther shares up on gold production boost
The company produced 34,725 gold equivalent ounces in Q1, a 134% increase compared to the first quarter of 2019.
MINING PEOPLE: Lucara, McEwen Mining, OceanaGold, Orla, Osisko, SRG
Key moves in the mining sector.
Newmont launches $20 million support fund to combat pandemic
The fund will focus on three key areas: employee and community health, food security, and local economic resilience.
Gold shows few signs of return to normal with spreads still wide
The gold market is showing little signs of going back to normal.
Covid-19: Mining industry responds with help for communities
Mining Association of Canada has brought 18 partners together to donate a total of C$36,000 to food banks across the country.
World’s deepest mines to take weeks to reopen after shutdown
Ramping up production at the world’s deepest mines could take three to four weeks.
Petra in talks for more credit as pandemic takes shine off diamonds
The company is in talks with its lenders to access $54.95 million in credit.
Force majeure declared at giant Peru copper mine
MMG has notified customers, including three major Chinese smelters according to Reuters.
