Lundin Mining reaches deal with Candelaria mine workers union, operations ramping up
(Kitco News) – Lundin Mining (TSX: LUN) (Nasdaq Stockholm: LUMI) announced today the Candelaria mine workers union, which represents approximately 350 workers at its Candelaria operation in Chile, has ratified a new 35-month collective agreement.
Read moreNational security review of TMAC and Shandong deal extended
(Kitco News) – TMAC Resources (TSX: TMR) today announced that the national security review under the Investment Canada Act of the plan of arrangement with Shandong Gold Mining has been extended for a further period of up to 45 days.
Read moreVaccine hopes will continue to weigh on gold price
(Kitco News) – Renewed investor optimism on hopes that a vaccine will revive the global economy faster than expected is weighing on gold. According to the latest results from the Kitco News Weekly Gold Survey, Sentiment points to further weakness in th…
Read moreTop uranium miner Kazatomprom reports 139% income jump in Q3 2020 on sales and uranium spot price increase
(Kitco News) – Kazakh National Atomic Company “Kazatomprom” (KAP) today announced its unaudited, reviewed, consolidated financial statements and notes for the three-months and nine-months ended 30 September 2020, prepared in accordance with International Financial Reporting Standards (IFRS).
Northern Vertex reports 55% gold output increase in Q3 2020; net loss jumped 233% on non-cash revaluation
(Kitco News) – Northern Vertex Mining (TSX: NEE) today announced record production of 14,673 gold equivalent ounces, record revenue of $26.8 million and record adjusted EBITDA of $13.5 million for the quarter ended September 30 from the company’s 100% …
Read moreHighest-grade underground gold mines in Q1 2020
(Kitco News) – Kirkland Lake’s Fosterville gold mine in Australia was the highest-grade gold mine in the world (based on gold grade in milled ore) in Q 2020. Five out of the top ten highest-grade gold mines are in Canada.
Gold price sharply down amid keen risk-on attitudes
(Kitco News) – Gold futures prices are sharply down and hit a five-month low in early U.S. trading Friday. Silver prices hit a two-month low in early U.S. trading.
Read moreFlat gold price on a very quiet Friday
(Kitco News) – Gold futures prices are near steady in early U.S. trading Friday. Gold bulls are working to stabilize the yellow metal. Prices hit a nearly five-month low on Tuesday.
Read moreBitcoin daily chart alert – Big downside correction – Nov. 27
(Kitco News) – Bitcoin-U.S. dollar prices are lower early Friday on a big downside correction from recent gains that saw prices hit a nearly three-year high and close to the all-time high scored in late-2017.
Read moreBeowulf releases a statement regarding the Kallak iron ore project
(Kitco News) – This seven-year saga could be coming to an end as the Constitutional Committee “KU” handling the dispute gave an update. Shares in Beowulf (BEM:LSE) are 10% higher in early EU trade.
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