Russia, Australia to drive global gold output growth – report
Fitch forecasts global gold production to increase from 106moz in 2020 to 134moz by 2029, averaging 2.5% annual growth.
Latest Stories
Ero Copper extends NX Gold mine life
Vancouver-based copper and gold producer has tabled an updated resource and reserve statement for its mine in Brazil.
Castle Mountain reaches commercial production for Equinox
The open-pit, heap leach operation poured its first gold on Oct. 15 and is expected to generate 5,000 to 10,000 oz. of gold for the company this year.
KORE Mining considering spin-out of BC gold projects
A transaction could be completed as early as Q1 2021.
Brazil’s lower house to evaluate Brumadinho compensation
Commission will evaluate talks between Vale and Minas Gerais state officials over compensation for tailings dam collapse.
Kirkland Lake enters option on Wallbridge property
The Detour East property is about 11 km east of the Detour Lake gold mine.
There’s $500 million of coal on anchored ships off China’s coast
More than 50 vessels have been waiting a month or longer to offload coal from Australia.
Speculative heat keeps copper market bubbling
LME three-month metal extended its recovery from the March lockdown lows of $4,371 to $7,331 per tonne, the highest trade since June 2018.
US coal miners call on Trump to move on
Leader of the nation’s top mining union, representing about 80,000 workers, says is time for Trump to concede.
