Gold-backed ETFs fell in February, following four months of inflows
But global gold-backed ETF flows remain positive on the year ($1.7 billion) on the back of strong inflows in January.
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Funds blast Goldcorp chair’s ‘terrible’ $12 million package
Goldcorp’s attempt to top-up its chairman’s retirement haul has met significant resistance.
Barrick to revise 2019 guidance following Newmont JV
Following its $6.1B merger with Randgold in January, Barrick set a bullish guidance for 2019, forecasting a double-digit jump in output.
Leagold achieves higher gold production with 2018 acquisitions
More than half the company’s 2018 gold production came from its Los Filos gold mine in Mexico, which produced 195,362 oz. gold last year.
Reunion Gold completes resource estimate on Nivre in French Guiana
The Nivre deposit contains 18.9 million indicated tonnes grading 1.09 grams gold per tonne for 665,000 ounces of gold.
Floating solar panels to boost efficiency at Chilean copper mine
The newly installed panels at the Los Bronces copper mine have the capacity to produce 86 kilowatts.
Once-mighty Canadian mining losing ground to global competitors
Mega-mergers by Canada’s two largest gold companies, Barrick Gold Corp. and Goldcorp Inc., stand to erode its global influence.
Fiat recall means palladium users bracing for ‘supply shock’
Fiat Chrysler’s recall of almost 862,520 gasoline-fueled vehicles could spur additional demand for the palladium market already reeling from shortages.
Russia considers export ban on precious metals scrap
The proposed ban would last from May 1 to Oct. 31 this year.
