Global mining outlook is worrying. The new corona virus had a major impact on the mining market. S & P Global Market Intelligence research the outlook for mining will be bleak for the rest of the year. S & P analyst Christopher Galbraith predicted at a recent online video conference that the global nonferrous metal […]
The alliance formed by Barrick and the Japanese Gold Company launched Japan ’s joint exploration program, which aims to explore the country ’s gold mining potential. Currently, exploration geologists and field assistants have arrived on Kyushu Island. Before starting work, they need to be isolated for 14 days. The plan is expected to be completed […]
Midland Exploration (TSXV: MD) has begun its first exploration campaign on the Gaudet gold project in Quebec, consisting of a high-resolution aeromagnetic survey totalling 1,200 kilometres, as well as an induced polarization survey on its Jeremie project.
Australia ’s Fortescue Metals Group (FMG) almost doubled its cash inventory in the third quarter due to higher prices and higher quality products that increased its iron ore prices. FMG has increased the quality of ore in its shipments by adding West Pilbara Fines products. With the launch of the Eliwana project next year and […]
The Kamoa-Kakula Copper Project is a joint venture between Ivanhoe Mines, Zijin MiningGroup, Crystal River Global Limited and the DRC government. All figures in the NI 43-101technical report are on a 100%-project basis unless otherwise stated
Teranga Gold reports that the company ’s production in the first quarter of 2020 increased by 27% to 91,312 ounces, mainly because Burkina Faso ’s Wahgnion business performed strongly. The improvement in production in the first quarter also resulted in a substantial increase in the company’s revenue. The consolidated net profit attributable to shareholders reached […]
Endeavor Mining record cash flow in the first quarter Gold miner Endeavor Mining said that the company’s start this year is gratifying, production and costs are in line with the annual guidance level, and the new crown epidemic has not had a major impact on operations. In the first quarter of this year, Endeavor’s gold […]
According to Mining.com, Resources Monitor, a market analysis agency focused on Australia, released a short report saying that Australia will surpass China by 2021 and become the world’s largest gold producer. Analysts support this assessment by observing the profit margins of most gold mining companies in the past 18 months. Particular attention is paid to […]
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