May 7, 2020

Peru mines to hit 80% production in a month

Executive director of the National Society of Mining says around 20 companies are ready to resume operations.

May 6, 2020

Yamana forecasts 31% increase in Jacobina output

The company plans to ramp up gold production to 230,000 oz annually by 2023.

May 6, 2020

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.

May 6, 2020

Condor granted permit to develop third pit at La India

Condor Gold shares jumped 23.6% to a near 52-week high on Wednesday.

May 6, 2020

Anthony Hawkshaw, Elsiario De Mayolo, Eric Caba, Andres Franco CEO, COO, VP PD, VP corporate development, Bear Creek

In March 2020, Bear Creek Mining announced it had engaged BNP Paribas and Société Générale for a $400 million senior secured credit facility.

May 6, 2020

Barrick cuts 2020 guidance, faces $191m bill in PNG

Dispute with PNG over Porgera mine has done what a pandemic did not — dent the gold miner’s expected output for the year.

May 5, 2020

Kinross doubles net earnings in Q1

Company reported net earnings of $122.7 million, or $0.10 per share, compared with $64.7 million, or $0.05 per share, in Q1 2019.

May 5, 2020

Gran Colombia invests in solar project

The 11.2 MW solar project has an estimated capital cost of $8 million.

May 5, 2020

Iamgold lowers 2020 guidance, shares down

Company achieved target production in Q1 with 170,000 ounces, down 3,000 ounces from the same prior year period.

May 5, 2020

Rio Tinto’s top investors face off over emissions cut plan

Investor advisory groups are divided on whether shareholders should ask Rio to set targets on scope 3 emissions.