April 30, 2020

Venezuela asks Bank of England to sell its gold to UN – sources

The effort signals that Maduro is desperately seeking financial resources as the country’s economy struggles.

April 30, 2020

Endeavour Silver to reopen Mexican mines

President Andres Manuel Lopez Obrador said he would allow the restart of certain mining activities before June.

April 30, 2020

Royal Road negotiates with informal miners in Colombia

The Jersey-based miner has executed formalization agreements with the proprietors of the La Candelaria and San Miguel mines.

April 30, 2020

Codelco raises $800 million to face crisis

Chile’s state-owned copper miner said it received more than 320 orders, worth $10.6 billion, the highest ever for a Codelco bond.

April 29, 2020

Vale cuts capex as coronavirus hinders operations

Vale plans to cut its capital expenditure this year to $4.6 billion from $5 billion.

April 29, 2020

Los Andes gets drill approval for Vizcachitas

Vizcachitas is one of the largest copper deposits in the Americas not controlled by big companies.

April 29, 2020

Condor Gold lands enviro permit for Mestiza pit

Mestiza is one of two feeder pits to La India gold project. Once both in operation, the main deposit’s gold production will jump by 50% to 120,000 ounces a year.

April 28, 2020

Silver miners hit hardest by lockdowns — report

Nearly two-thirds of global silver production is still on hold.

April 28, 2020

Luminex hits high grades with Camp step-out hole

Drill in Ecuador hole returned 21 metres of 4.26 g/t gold and 26.3 g/t silver starting at 617 metres downhole.

April 28, 2020

First Quantum revises guidance for 2020

The company has reduced its copper guidance for the year by 75,000 tonnes to 755,000-805,000.