PDAC tallies three confirmed COVID-19 cases
As the science continues to evolve around the transmission of the deadly coronavirus, the 23,000 people who attended the Prospectors & Developers’ Association of Canada (PDAC) convention in Toronto on…
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Barrick updates 10-year plan
Barrick Gold (TSE: ABX; NYSE: GOLD) has unveiled a 10-year gold production plan in which it aims to maintain production levels of approximately 5 million oz. gold per year between…
Mine disruptions escalate as virus rips around globe
On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact measures to protect against the…
Bank of America revises real GDP growth targets
The coronavirus pandemic “has morphed into a credit crisis and economic recession,” Bank of America (B of A) outlined in its World at a Glance report released Thursday, noting that…
DynaCERT says new technology can lower diesel emissions
DynaCERT (TSX: DYA), a Toronto-based company, has developed a technology called HydraGEN that could significantly reduce emissions by improving the performance and fuel efficiency of diesel engines used in mining…
Facts ‘n’ figures: Gold prices swing as markets sell off
The following is an edited report from the World Gold Council, release on March 19, 2020. For the full report visit www.gold.org. Like most asset classes, gold is being affected…
Coronavirus threatens Codelco’s status as top copper miner
Chile’s copper miner Codelco may not regain its position as the world’s top producer of the red metal this year, as delays in upgrades and expansion projects caused by measures…
Moody’s slashes growth forecasts
In November, Moody’s Investors Service forecast G-20 economies in 2020 would grow by 2.6%, but now estimates real GDP will contract by 0.5%, followed by a pick-up to 3.2% in…
Gold price rockets to seven-year high
The gold price rallied again in spectacular fashion on Tuesday, as panicked investors scrambled for hard assets on the back of COVID-19 closures of mines and refineries and unprecedented monetary…
Coronavirus curbs Mountain Province revenue
Unlike many other mines in Canada and around the world that have been put on care and maintenance because of the global COVID-19 pandemic, the Gahcho Kué mine in the…
Radius Gold discovers historic silver mine in Mexico
Radius Gold (TSXV: RDU) has signed an option agreement to acquire a 100% interest in Plata Verde, a 3-sq.-km property north of its flagship Amalia gold-silver project in the state…
The Northern Miner Podcast – episode 179: Superbugs, alternative energy and mining, ft Robert Friedland at PDAC, part 2
This episode features the second part of a keynote speech by mining mogul and financier Robert Friedland at the Prospectors and Developers Association of Canada (PDAC) conference in Toronto. Friedland discusses how…