Новости за 19.05.2020

US-based gold major Newmont has issued a new production guidance for 2020, as it began ramping up operations at four sites that were previously placed in care-and-maintenance. CEO Tom Palmer reported in a media statement on May 19 that 13 sites of Newmont's14 operating mines and joint ventures would be fully operational in the "coming weeks". The only operation that remains suspended is the Musselwhite mine, in northern Ontario, Canada. The company idled operations at Musselwhite on March 23 to... Читать дальше...

Statistics South Africa (Stats SA) reports that mining production increased by 7% year-on-year in February, with the largest positive the coal sector, which contributed 13.7%, followed by platinum group metals (PGMs) with 8.7% and gold with 11.5%. However, asset management company Investec noted in a statement on February 19 that the statistics did not yet reflect the impact of Covid-19 linked restrictions implemented in South Africa, as these were only enforced at the end of March.

Canadian gold miner McEwen Mining has taken an impairment charge of $83.8-million for the Gold Bar mine, in the, US, citing a change in the geological interpretation that resulted in a substantial reduction in expected gold output over its life of mine. The impairment charge resulted in McEwen reporting a first-quarter loss of $99.2-million, or $0.25 a share. Before the impairment adjustment, the net loss is $15.4-million.

Emerging precious metals company Sabina Gold and Silver has entered into an agreement with a syndicate of underwriters to raise C$49-million, which it would use to advance the Back River gold project, in Nunavut. Led by BMO Capital Markets and RBC Capital Markets, the underwriters have agreed to buy, on a bought-deal basis, a combination of shares, including common, flow-through, charity flow-through and super charity flow-through common shares.

TSX- and NYSE-listed Yamana Gold says exploration drilling results at two of its mines – Jacobina, in Brazil, and El Peñón, in Chile – continue to show growth in mineral reserves and mineral resources. Yamana says exploration at Jacobina in the second half of last year and through the first quarter of this year expanded higher grade zones in the Canavieiras Sul deposit, both down dip and along strike to the north towards Canavieiras Central, providing significant expansion of the known mineralised zone in the highest grade sector of the mine.

South Africa's guidelines for a mandatory Code of Practice (COP) to mitigate and manage the Covid-19 pandemic in the mining industry have been gazetted. Failure by employers to prepare and implement a mine's COP in line with the guidelines would constitute a criminal offence and a breach of the Mine Health and Safety Act, the Department of Mineral Resources and Energy (DMRE) stated on Tuesday.

Aim- and AltX-listed metals processing company Jubilee Metals will relocate its fine chrome operation from the Dilokong chrome mine (DCM) to the group’s larger Inyoni or Windsor operations in South Africa. Jubilee on May 19 said the move would optimise group earnings.

The Australian resources and oil and gas sectors have welcomed the recommendations made in the King Review as well as the government’s commitment to a A$2-billion Climate Solutions Fund. The King Review which was commissioned in October of last year to identify new opportunities to unlock low cost abatement across the economy, and has made 26 recommendations across three themes, including enhancing the Emissions Reduction Fund to encourage greater participation, incentivizing voluntary emissions reductions on a broader scale... Читать дальше...

Oil and natural gas explorer Byron Energy has raised A$16-million through a share placement, with the company hoping to raise a further A$4-million through a share purchase plan (SPP). Byron will place around 123.1-million shares, at a price of 13c each, in two tranches.

ASX-listed Azure Minerals will resume silver and gold exploration in Mexico from June, after the Mexican government tapped the mining and exploration industry as an ‘essential service’ amid the Covid-19 pandemic. Azure on Tuesday said the resumption of activities was conditional upon the Ministry of Health approving each mining company’s new safety measures, and could be subject to further government orders as the pandemic developed.

The board of Chilean copper producer Antofagasta has lowered its 2019 final dividend recommendation, citing uncertainty created by the Covid-19 crisis. The London-listed company said on Tuesday that while its operations were not affected the quarantine measures in the Greater Santiago area of Chile, the increase in the number of new Covid-19 cases in the last week had created additional uncertainty. “The evolution of the health emergency in Chile could result in an increased risk of an escalation... Читать дальше...

Ecuador will progressively restart mining activity this week after the government approved new security protocols for mineral transport and the return of workers to the mines amid the coronavirus pandemic, an official said over the weekend. Mining activity in the Andean nation fell by 60% since mid-March, when the government imposed a quarantine to contain one of the worst outbreaks of the coronavirus in Latin America, government data show. That came as Ecuador, an oil-producing country facing a debt crisis... Читать дальше...

ASX-listed Nickel Mines has launched a A$231-million equity raise to fund the purchase of additional interest in the Hengjaya and Ranger Nickel rotary kiln electric furnace (RKEF) plants, in Indonesia. Nickel Mines on Tuesday revealed that it had struck an agreement with project partner Shanghai Decent Investment Group to acquire an additional 20% interest in each of the RKEF plants, taking its stake in each plant to 80%, at a combined price of some $150-million.