Russia’s $40 billion gold buying binge is slowing down
After spending an estimated $40 billion on gold in the past five years, the central bank is starting to rein in spending.
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Noram encouraged by drill results at Nevada lithium project
The Canadian miner said its drill program yielded higher results than the current inferred resource.
Barrick sees gold output above estimates on Nevada boost
It expects its Nevada Gold Mines joint venture with Newmont to produce 585,000 ounces of gold for the three months ended Dec. 31.
IAMGOLD’s 2019 production falls short, CEO to retire
Attributable gold production last year reached 726,000 gold ounces, compared to the 765,000 to 810,000 ounces the company expected.
Rising civil unrest adds to mining risks in 2020
Risk consultancy Verisk Maplecroft foresees as many as 75 countries having to deal with soaring public rage over a variety of topics, including economic inequality.
Ecuador sends first export of copper concentrate from Chinese-owned Mirador mine
The mine started production in July 2019 with a projection of some 94,000 tonnes of copper concentrate annually.
Agnico Eagle and BMO execute first Tradewind Origins blockchain transaction
Detailed provenance information linked to blockchain marks a transparency landmark in the precious metals market.
Barrick forges ahead with Papua New Guinea mine in face of local backlash
With a 20-year lease renewal application in the balance, Barrick has faced backlash from PNG landowners and residents.
Yamana beats production guidance
The company’s biggest production contribution is from its 50% stake in the Canadian Malarctic open pit in Quebec.
