The company has entered into refinancing arrangements to assist with the ramp-up.

Gold is showing signs of steadying after this week’s price rollercoaster.

Damage was limited at the 100-year-old open-pit mine and no-one was hurt.

Mick Wilkes is stepping down for personal reasons, COO to take over as CEO.

Platinum has plunged 40% and palladium 45% from February highs as efforts to contain coronavirus stifled the global economy.

As the coal industry has declined in activity, operators have seen surplus coal inspectors being shifted to the metal/non-metal industry.

Shares of Midas Gold were up over 21% at market close Tuesday.