Gemfields warns of large loss as pandemic hits auctions
The precious gemstones miner expects to swing to an interim net loss in H1 as it has only been able to hold one sale due to covid-19.
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Roxgold reports drill results in Burkina Faso
The company announced the results from a new exploration program conducted at the Boussoura project, located in the southern part of the country.
Wolfden Resources releases Pickett Mountain PEA
The early stage study outlines a mine life of 10.7 years producing a total of 600.2 million lb. of payable zinc, 230.1 million lb. payable lead, 78.3 million lb. payable copper, 8.1 million oz. payable silver and 38,324 oz. gold at all-in sustaining costs of $0.38 per lb. zinc.
SolGold gets $100m injection from Franco-Nevada
The funding is part of a net-smelter royalty finance agreement (NSR) between the parties.
Venezuelan MP says terrorist group controls mining operations in the country
Opposition MP Américo De Grazia issued a statement saying that the National Liberation Army controls the Orinoco Mining Arc.
China’s Envision eyes France for new EV battery factory
Envision entered the EV battery market by acquiring AESC from Nissan Motor Co two years ago.
World’s gold miners wary of production ramp-up despite price surge
Seven out of 10 of the global gold miners have cut planned output for the year by 7%.
Bolivia creates directorate to lead exploration, prospecting activities
President Jeanine Añez made the announcement during a visit to the mining department of Potosí.
Congo gold miners scour rubble for bodies after cave-in
Alexandre Kamundala, deputy mayor of the nearby town of Kamituga, said no bodies had been recovered so far.
