Namdini Gold Project
Australia-based Cardinal Resources announced on Wednesday that it has received an offer from Shandong Gold.
Pan American suspends operations in Peru
Pan American Silver announced that it will maintain and maintain the Huaron and Morococha operations in Peru in response to recent cases where several miners tested positive for the new coronavirus.
IAMGOLD to proceed with construction of the Côté gold project in Ontario
IAMGOLD Corporation, with joint venture partner Sumitomo Metal Mining, has announced the decision to proceed with the construction of the Côté Gold Project. The roject, located in Northern Ontario approximately 20 km southwest of Gogama, 130 km southwest of Timmins, and 200 km northwest of Sudbury, is a 70/30 JV with SMM.
Canada Iamgold restarts a gold mine in Suriname
Canadian gold miner Iamgold recently stated that it will restart the operation of the Suriname Rosebel gold mine project, after an employee tested positive for the virus before issuing a shutdown order to close the project in June.
Brazil Steel Corporation and Glencore signed an iron ore supply contract
Brazilian Iron and Steel Company (CSN) said its subsidiary CSN Mineraço SA and Glencore’s subsidiary Glencore International have signed a five-year iron ore supply agreement. According to the agreement, CSN will obtain an initial advance payment of US$115 million from Glencore and provide a delivery volume of approximately 4 million tons.
