Keyword: "gold"

Mining News Pro - GoldStone Resources has been indemnified against any future claims by a former director of the company, after reaching a settlement agreement, which was awarded by the South African Labour Court in December 2018.

Mining News Pro - Caledonia Mining Corporation produced a record 57 899 oz of gold in 2020, meeting the top end of its revised increased guidance for the year.

Mining News Pro - Centerra Gold announced Thursday that its fourth quarter and annual gold output both exceeded the upper end of the company’s consolidated 2020 production guidance.

Mining News Pro - Gran Colombia Gold (TSX: GCM) churned out 220,194 oz of gold from its operations in Antioquia, Colombia, 180 km northeast of Medellin last year, meeting its production guidance for the fifth year in a row. The company had guided for production of 218,000 to 226,000 oz gold.

Mining News Pro - Amid falling exploration budgets across nearly all commodities, gold exploration remained steady in 2020, posting a 1% increase over 2019.

Mining News Pro - Gold-backed exchange-traded funds (ETFs) and similar products had what the World Gold Council (WGC) called “a remarkable year” in 2020, as gold ETFs had recorded yearly net inflows of $47.9-billion, or 877 t, collectively increasing gold holdings by over a third and reaching all-time highs in tonnage (3 752 t).

Mining News Pro - Gold investors critical of lavish executive payouts plan to vote down compensation at upcoming annual shareholder meetings, as soaring prices for the precious metal spur dealmaking.

Mining News Pro - The fight for Cardinal Resources ownership is nearing a conclusion after all of the company’s directors accepted Shandong Gold Mining’s takeover bid.

Mining News Pro - Gold had a monumental 2020 as bullion soared to multiple record highs throughout the year amid the economic uncertainties brought by the covid-19 pandemic, which helped to cap off its best annual performance in a decade.

Mining News Pro - Gold sales to Zimbabwe`s sole buyer and exporter of bullion Fidelity Printers and Refiners (FPR) fell 31% to 19 t last year after lower deliveries from small-scale miners, official data showed on Monday.

Mining News Pro - Fortune Nickel and Gold, a wholly-owned subsidiary of Here To Serve Holding, announced that it has acquired strategic lands in Ontario, in the general area where Canada Nickel has discovered several significant deposits of nickel and other metals.

Mining News Pro - Canada’s Eldorado Gold managed to increase gold production in 2020 by 34% from 2019 to 528,874 ounces, despite covid-19 related measures that forced the company to halt its Lamaque mine in Quebec.

Mining News Pro - Gold dropped below the $1,900 mark on Friday as technical selling took over after an earlier recovery in the US dollar and Treasury yields sent prices tumbling, erasing most of bullion’s gains from the new year.

Mining News Pro - Tanzanian Gold and its joint venture (JV) partner, the State Mining Company (Stamico), have submitted an updated mine plan for the Buckreef gold project, in Tanzania, to the country’s Mining Commission.

Mining News Pro - Gold headed for a sixth weekly advance, the longest run since August, as investors focused on the prospect for more stimulus. They will also be watching for Friday’s jobs report, which is forecast to show a sharp slowdown in hiring.

Mining News Pro - Torrens Mining has made its first appearance on the ASX this week after raising $10 million to progress its gold and copper exploration in Australia and Papua New Guinea.

Mining News Pro - Researchers from Curtin University have delivered a technology that will significantly enhance the leaching rates for gold ore without using cyanide.

Mining News Pro - Resources company Asia Broadband, through its wholly-owned subsidiary Asia Metals, has finalised negotiations with joint venture partner Qiangda Investments & Economics for the buyout mineral property and mining operations in the Guerrero Gold Belt (GGB), in Mexico.

Mining News Pro - The London Bullion Market Association (LBMA) reports that, at the end of November last year, there was a record 9 452 t of gold, valued at $535-billion, held in stocks.

Mining News Pro - Gold outperformed many other traditional reserve assets in 2020, giving central banks additional firepower to stabilise markets and currencies, says World Gold Council (WGC) market intelligence manager Krishan Gopaul.

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