Gold price down despite unprecedented US job cuts
Unemployment rate rose to 14.7% in April, the highest since the Great Depression.
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Copper price jumps as Chinese imports surge
Copper price now up more than 20% from covid-19 lows as China's April concentrate imports surge 22% to over 2m tonnes for only the third time ever.
KORE stock up on Sprott, Macquarie investments
Shares of KORE Mining surged by 20% to a two-year high on Friday.
Maduro to tap sanctioned dealmaker to ship gold to Iran
Alex Nain Saab Moran, one of the most powerful men supporting Nicolas Maduro’s regime, is said to have traveled to Tehran to broker a gold for gasoline deal.
Shandong Gold grabs TMAC for $149 million
TMAC is the third underperforming Canadian gold junior to be acquired in the past few months.
Renewables to power Northern Minerals’ rare earth operation
The miner executed a letter of intent with Soluna Australia to develop a renewable-power and battery-storage facility at the Browns Range mine.
Monarch gets $5m to bring Beaufor mine into production
The Saint-Sauveur-based company just signed a deal with institutional investor Caisse de dépôt et placement du Québec.
Lucara Diamond in the red as market conditions worsen
Lucara lost $3.2 million in the first three months of the year, compared to $7.4 million in earnings in Q1 2019.
Silvercorp annual production beats guidance
Shares of Silvercorp Metals closed 4.6% higher on the TSX Thursday.
