Exchange

Mining News Pro - Bullion major Barrick Gold retained its listing in the prestigious Dow Jones Sustainability Index’s (DJSI`s) world index, ranking in the ninety-fifth percentile of all mining companies assessed.

Mining News Pro - Marathon Gold has received further financial backing from existing shareholder and Canadian businessman Pierre Lassonde, who intends to participate in a private placement of the company’s common shares.

Mining News Pro - Tharisa expects its headline earnings a share for the 12 months to September 30, to be between $0.16 and $0.17.

Mining News Pro - Chile’s copper production will likely rise by 0.6% to 5.82 million tonnes in 2020, state copper commission Cochilco said on Monday, and to 5.99 million tonnes in 2021.

Mining News Pro - Copper price surged to a fresh two-year high on Friday following positive reports on covid-19 vaccine breakthroughs from Pfizer and Moderna.

Mining News Pro - SilverCrest on Thursday announced the discovery of the El Muerto zone, in the north-west part of the Babicanora vein at its Las Chispas property, in Sonora, sending its shares up 15%.

Mining News Pro - A flow-through share scheme tax incentive, currently under consideration for South Africa, must serve to incentivise not only exploration but also public listed market development and market participation by a diversity of investors.

Mining News Pro - Canada`s Agnico Eagle Mines reported a better-than-expected quarterly profit on Wednesday, benefiting from a surge in gold prices and sales volume, and raised its capex forecast for the year as it spends on several sites to boost production.

Mining News Pro - Miner and commodities trader Glencore is providing Falco Resources with a $10-million bridge financing that will help the Canadian junior move forward with its flagship Horne 5 VMS deposit in Quebec.

Mining News Pro - New Century Resources is set to raise $US25 million ($35 million) to reduce its company debt despite a positive cashflow from mine operations in the September quarter and improving macroeconomic conditions.

Mining News Pro - Gold prices rose past the $1,900 an ounce level on Monday, supported by worries over a spike in covid-19 cases around the globe and uncertainty surrounding the upcoming US presidential election. However, a stronger dollar limited bullion’s advance.

Mining News Pro - Gold miner Nordgold has told the shareholders of takeover target Cardinal Resources that it wILL not be improving on its A$1 a share cash offer, unless a higher competing offer emerges.

Mining News Pro - According to Chadormalu’s financial statements, their dividends jumped by 62 percent in the first six months of this year, compared to the same period last year.

Mining News Pro - Canada’s Wheaton Precious Metals, one of the world’s largest gold and silver streaming companies, said on Friday it had been approved by the UK financial regulator to list on the London Stock Exchange (LSE), one of the world’s oldest.

Mining News Pro - Following its listing on the Toronto Stock Exchange on October 13, Newcrest Mining, Australia’s largest gold producer, hopes to improve the company’s global visibility and increase its North American investor base.

Mining News Pro - Mali Lithium has raised A$9.8-million in a heavily oversubscribed share purchase plan (SPP).

Mining News Pro - Centamin shares fell over 20% Wednesday morning after the company announced its production would be lower than forecasted next year.

Mining News Pro - The copper price was trading at its highest since June 2018 on Tuesday on hopes of a US stimulus package, worries about supply from top producer Chile and robust Chinese economic growth.

Mining News Pro - Largo Resources reported on Monday a new quarterly production record of 3,092 tonnes (6.8 million lbs) of vanadium pentoxide (V2O5) in Q3 2020, a 5% increase over Q3 2019.

Mining News Pro - OceanaGold has completed its C$150-million bought deal equity financing, issuing 73-million common shares at a price of C$2.06 each.

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