Mexican miner Peñoles to suspend zinc mine due to tough conditions, low prices
Peñoles said in a statement that it has begun laying off unionized workers in the unit.
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China’s Chifeng Jilong restarts gold production at Laos mine after 6 yrs
The restart of gold production at the mine comes after gold prices hit a seven-year high last month.
Researchers say market manipulation is destroying traditional safe havens
Experts at the University of Sussex say irregular trades are the reason why gold and bitcoin prices are not surging during the covid-19 pandemic.
Novo restarts exploration at Egina, shares up
The company has identified another gold-bearing channel in an area southwest of the Paradise prospect.
Eskom considers delaying closure of three coal-fired plants
The company, which produces almost all of South Africa’s power, wants to push back the closure of the Grootvlei, Camden and Hendrina power plants.
Equinox achieves record quarterly production
The company produced nearly 89,000 oz of gold in the past quarter.
Sandstorm shares up on Hod Maden drill results
A PFS released in 2018 considered an underground mine with a processing rate of 900,000 tonnes per year.
Glencore ups stake in Group Eleven
Following the transaction, Glencore's shareholding would increase from 11.6% to 20%.
Nickel, cobalt prices benefit as electric car action shifts to Europe
MINING.COM EV Metal Index tracking value of metals in newly-sold EVs globally rebound as nickel, cobalt-rich batteries favoured in EU and US gain traction.
