Новости за 16.04.2020

Aim-listed Vast Resources has raised £600 000 through a placing of almost 400-million ordinary shares of 0.1p in the company at a price of 0.153p apiece. The placing was undertaken by Axis Capital Markets, which was appointed as a joint broker to Vast.

Dual-listed SolGold has received strong responses from leading commodity traders to its recent invitation to submit expression of interests (EoI) for the offtake of copper/gold/silver concentrate from its Alpala project, in Ecuador. The company said the high-quality of the concentrate from its flagship project had attracted ten qualifying bids and added that it expected more once the worldwide restrictions, owing to Covid-19 were lifted.

Gold could top $2 000 an ounce and will remain elevated over the next five years as the global economy contends with the impact of the coronavirus pandemic, according to the head of Newmont, the world’s top miner of the precious metal. “The level of stimulus globally that’s going into the economy certainly underpins higher gold prices for the longer term, and I don’t think that stimulus has stopped yet,” CEO Tom Palmer said Thursday in a phone interview from Perth.

Canada-headquartered Barrick Gold expects to meet its full-year guidance, despite the impact of the global Covid-19 pandemic and the resultant lockdowns that forced mining companies to scale back operations. The company previously forecast that it will produce between 4.8-million and 5.2-million ounces of gold in 2020. CEO Mark Bristow said in a news release on Thursday that Barrick had comprehensive programmes in action to counter the spread of Covid-19 at all its operations and that it had taken... Читать дальше...

Russia-based diamond miner Alrosa produced eight-million carats of diamonds and sold 9.4-million carats in the first quarter of the year. The company generated sales revenues of $904-million from rough and polished diamonds of $904-million.

Diamond miner Lucapa on Thursday said that it was reviewing various funding scenarios and financing restructuring possibilities amid the global pandemic. A care-and-maintenance and security programme is being implemented at its Mothae operation, in Lesotho, after the South African government effected a nation-wide lockdown which impacted on the flow of essential mining supplies and services across the Lesotho border.

ASX-listed Titan Minerals has announced that its 91%-held subsidiary Core Gold would indefinitely suspend all of its production operations and commercial activities in Ecuador, owing to a force majeure resulting from the Covid-19 pandemic. The Canadian gold miner in March temporarily suspended operations at its Dynasty Goldfield mine, in Ecuador, after a government decree regarding gatherings, travel and transport within the country affected the company’s ability operate the mine.

A scoping study into the Elan hard coking coal project, in Alberta Canada, has demonstrated the project’s economics for ASX-listed Atrum Coal. The scoping study considered to development options for the Elan project, namely a 10-million tonne a year run-of-mine (ROM) production and a 7.5-million tonne a year ROM production base case.

Coal miner Whitehaven Coal on Thursday said that it would not be making a final investment decision on any of its growth projects, including the A$700-million Vickery extension project, during 2020. The miner told shareholders that studies continued to be carried out at its three main developments, which also include the Narrabri underground mine Stage 3 extension and the A$1-billion Winchester South metallurgical coal project, but noted that volatile financial market conditions continued Whitehaven... Читать дальше...