Yamana forecasts 31% increase in Jacobina output
The company plans to ramp up gold production to 230,000 oz annually by 2023.
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China aluminum dances to its own beat as LME stumbles
Traders say weak demand for Chinese exports could soon take the shine off the market.
Indian state says NMDC diverted CSR money to Modi’s coronavirus fund
The Chhattisgarh state chief also said the iron ore miner had not paid $134.5 million in remaining penalties over alleged violations.
Kirkland Lake’s strong Q1 results boosted by Detour
First-quarter revenue of $554.7 million jumped 82% from $304.9 million in the year-ago period.
Falling peso affects Torex’s Q1, shares drop
The miner reported a net loss of $47 million on revenue of $172 million for the quarter.
Gold price back below $1,700
Gold futures also narrowed its lead over spot prices as world's top gold refiners restore operations.
Condor granted permit to develop third pit at La India
Condor Gold shares jumped 23.6% to a near 52-week high on Wednesday.
HSBC reveals it was caught out as lockdowns snarled gold market
In a filing, the bank cited “delivery disruptions in the gold market” as one reason why it breached its value-at-risk limits 12 times in March.
Harmony to issue $200m worth of shares for AngloGold deal
Harmony has also withdrawn its annual production guidance for the financial year.
