Kinross study pegs Lobo-Marte capex at $1 billion
The project’s economic returns are highly sensitive to the gold price.
Latest Stories
Trevali restarts Santander mine in Peru
Mining and milling operations were suspended on June 25 after 19 workers tested positive for covid-19.
Zijin’s Guyana Goldfields takeover backed by proxy firms
Guyana Goldfields shareholders have until next Thursday to vote for the takeover.
Trillium reboots exploration at Newman Todd, shares up
Shares of Trillium Gold Mines hit a three-year high following news of project restart.
First rare earth firm in decade to go public in $1.5 billion deal
The deal comes as President Trump pushes to resume domestic production and processing of rare earths.
China raises annual rare earth mining quota to record high in 2020
Country raised its rare earth mining quota by 6.1% from the previous year to an annual record high of 140,000 tonnes.
Workers at Antofagasta’s Zaldivar mine enter mediation to stave off strike
Workers voted in favor of a walk-off late last week after rejecting a new contract offer, which they said had stripped some current benefits.
Vale to set aside $1.4 billion for Brumadinho damages
The amount would ensure the enforcement of any potential fine or forfeiture of assets, rights and values related to the disaster.
Doomsday hedge fund sees gold topping $3,000
Diego Parrilla, heads of Quadriga Igneo, says gold could rise to $3,000-$5,000 in the next three to five years due to unprecedented monetary stimulus.
