Keyword: "gold output"

Mining News Pro - Global gold mine production growth will rebound in the coming years underpinned by higher gold prices and mergers between major mining firms.

Mining News Pro - Barrick Gold on Thursday estimated a 10.8% drop in third-quarter gold production as the miner’s Porgera project in Papua New Guinea remained shut during the period.

Mining News Pro - Canada-based gold miner Barrick Gold on Thursday reported preliminary third-quarter gold production of 1.16-million ounces of gold and 103-million pounds of copper – a respective 11% and 8% decrease on its output a year earlier.

Mining News Pro - The suspension of mining activities due to the covid-19 outbreak in the second quarter of this year will result in a 1.7% decline in global gold production in 2020, says GlobalData.

Mining News Pro - Triple listed Kirkland Lake Gold has reported a 54% increase in gold production for the second quarter of 2020, compared with the previous corresponding period.

Mining News Pro - Gran Colombia Gold announced on Tuesday that it produced a total of 18,129 ounces of gold in May, about 98% of gold production in the same month last year.

Mining News Pro - Total alluvial mining contractor gold production was 467 oz at the Manica concession for the first quarter, ended March 31, 2020, diversified metals and minerals producer Xtract Resources reports, noting that the results “are a little bit disappointing for the first quarter”.

Mining News Pro - China`s Zijin Mining on Monday revised down its gold production target for 2020 after Papua New Guinea (PNG) refused to extend the mining lease at the Porgera mine it operates with Barrick Gold.

Mining News Pro - Wesdome Gold Mines announced on Thursday its gold production results for the first quarter of 2020, with consolidated output of 25,122 ounces, a 32% increase from 19,010 in the same period in 2019. Sales rose 41% year-on-year to 26,500 ounces from 18,760.

Mining News Pro - Barrick Gold, the world’s second-largest producer of the precious metal, expects first-quarter gold output to fall by 8.5% as it has had to scale down operations due to measures to stop the spread of covid-19.

Mining News Pro - Canada’s Eldorado Gold said on Thursday that output in the first three months of the year climbed 40% to 115,949 ounces when compared to the same quarter last year, as output from its Olympias mine in Greece reached its highest levels in 18 months.

Mining News Pro - Wheaton Precious Metals has declared its first quarterly cash dividend payment for 2020 of $0.10 per common share, an 11% increase relative to the prior period, owing to strong operating results last year.

Mining News Pro - Australia’s Newcrest Mining Ltd posted a 16% fall in second-quarter gold output on Thursday due to shutdowns at its Lihir mine and said shipments from its flagship Cadia mine in New South Wales were delayed by the recent bushfires.

Mining News Pro - Egypt-focused gold miner Centamin saw production increase 51% in the last three months of 2019, putting pressure on rival Endeavour Mining to improve its bid for the company, which is expected by Jan. 14.

Mining News Pro - Zhaojin Mining, one of China’s biggest gold miners, aims to double production of the precious metal as early as 2024 on the back of overseas acquisitions and may look for deals below $500 million, the head of its international arm said.

Mining News Pro - Australian gold output reached an all-time record high of 10.3 million oz. in the most recent fiscal year. Figures from U.S. Global Investors indicate that the country produced 321 tonnes of gold in 2018.

Mining News Pro - JSE- and Aim-listed Pan African Resources’ production for the six months ended December 31, 2018, increased by 54.2% year-on-year to 81 014 oz on the back of a robust operational performance at the Barberton complex and from its newly commissioned tailings retreatment plant.

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Mining News Pro - Anglo Asian Mining`s gold output rose 47% in the third quarter, the London-listed company said on Monday, adding that full-year production would be at the top end of its current guidance.

Mining News Pro - Australian gold output neared record highs during the 2017–2018 financial year

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