Gold and Silver

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 - 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 - 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 - 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 - 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 - A research paper published in Physical Review Letters reveals that gold can stand up to the strain of the next-generation data processing in electronic devices.

Mining News Pro - Namibia on Saturday ordered mining companies to cease operations for three weeks as the country entered its first day of a partial lockdown and stepped up measures to curb coronavirus infections which currently stand at eight people.

Mining News Pro - South Africa’s AngloGold Ashanti on Friday withdrew its production guidance and said it would conserve cash and cut non-essential spending after some operations were suspended due to coronavirus.

Mining News Pro - Orefinders Resources has closed the flow-through portion of its previously announced private placement for aggregate proceeds of approximately C$619,000.

Mining News Pro - Polyus will co-found a fund in cooperation with the Far East Development Fund (FEDF) to finance activities aimed at preventing the spread of covid-19 in the Russian Far East region.

Mining News Pro - Gold suppliers are in talks to use chartered or cargo flights to transport the precious metal, which usually moves around the world in commercial planes and has been left stranded as global travel grinds to a halt.

Mining News Pro - The London Bullion Market Association (LBMA) said on Friday there was more than enough gold refining capacity in the world to meet demand and that refiners, shippers and banks were working to make sure metal could be transported.

Mining News Pro - Fortuna Silver announced on Thursday that the blockade of the roads in the municipality of San José del Progreso which prevented access to the San Jose Mine has been lifted.

In Picture

Mining News Center