Capital Market

Mining News Pro - Tethyan Resource is working towards acquiring the past-producing Kizevak and Sastavci silver-zinc-lead mines in southwestern Serbia.

Mining News Pro - The latest data from the World Gold Council (WGC) shows that central banks’ monthly net gold purchases increased in both January and February, following December’s five-month low.

Mining News Pro - Mexico, the world’s largest silver producer, has become the latest country to enforce a suspension of non-essential activities in response to the outbreak of the coronavirus pandemic, after confirmed cases climbed above 1,000, with 29 deaths.

Mining News Pro - Jeffrey Gundlach has a warning for investors piling into gold-backed ETFs: Don’t think you’ll get the physical metal back.

Mining News Pro - Kirkland Lake Gold announced on Thursday more ramp downs in response to the covid-19 pandemic, including the temporary suspension of operations at the Holt Complex in Northern Ontario, and reduced operations at the Macassa Mine in Kirkland Lake.

Mining News Pro - Kinross Gold announced on Wednesday that it is withdrawing its full-year 2020 guidance, although the coronavirus outbreak has had no material impacts on the company’s operations to date.

Mining News Pro - Equinox Gold on Wednesday provided a production and cost guidance for 2020 to reflect its expectations following the recent closure of the company’s merger with Leagold Mining.

Mining News Pro - Argonaut Gold announced Wednesday it is halting mining activities in Mexico to comply with the government-mandated suspension all non-essential businesses until April 30.

Mining News Pro - Barrick Gold announced Wednesday that executive chairman John Thornton sold 2,632,153 shares in the company, worth just shy of $50m.

Mining News Pro - Australia’s Resolute Mining has completed the sale of its Ravenswood gold mine in Queensland to a consortium comprising private equity management firm EMR Capital and Singapore-listed mining company Golden Energy and Resources (GEAR).

Mining News Pro - Copper bounced on Tuesday after a rebound in Chinese manufacturing activity, but analysts cautioned that the market is far from returning to normal levels.

Mining News Pro - The demand shock rippling around the world as the new coronavirus spreads has upended the industrial metals complex.

Mining News Pro - Premier Gold Mines has made an offer to Centerra Gold to acquire the remaining 50% interest in the Greenstone Gold Mines partnership for a total consideration of $205 million.

Mining News Pro - TMAC Resources has released key results from a prefeasibility study completed for its wholly owned Hope Bay property, which includes an operating mine.

Mining News Pro - Aurelia Metals has restarted shaft hoisting operations at its Peak mine, in New South Wales.

Mining News Pro - First Majestic Silver has completed the sale of the past-producing Plomosas silver project in Mexico to GR Silver Mining, in a deal that gives the Canadian miner a 19.9% stake in the Vancouver-based junior.

Mining News Pro - Russia spent more than $40 billion building a war chest of bullion over the past five years. Now, it’s calling it quits.

Mining News Pro - France’s Recylex has just announced the temporary closure of both its German lead smelter and two battery-recycling plants, one in Germany and one in France.

Mining News Pro - Canadian companies Argonaut Gold and Alio Gold on Monday announced an at-market merger in which Argonaut would buy Alio to create an intermediate miner producing 235 000 gold-equivalent ounces a year.

Mining News Pro - Research agency Fitch Solutions expects volatility to continue playing to the downside for metal prices in the coming weeks owing mainly to bearish investor sentiment on the back of the widespread Covid-19 pandemic.

In Picture

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