TSX Venture rises, May 11-15: Abitibi Royalties, Rupert Resources, Pure Gold, Melkior Resources
The S&P/TSX Venture Composite Index rose 3.32% to 508.99 and gold continued to make gains, rising US$39.30 per oz., or 2.26%, to close at US$1,742.20…
Europe
Adriatic Metals acquires Serbia-focused Tethyan Resource
Adriatic Metals (LSE: ADT1; ASX: ADT), which until now has focused its efforts in Bosnia-Herzegovina, is diversifying into neighbouring Serbia, with the acquisition of Tethyan…
Top investors face-off over Rio Tinto’s emissions cuts
Rio Tinto’s (NYSE: RIO; LSE: RIO) top investors are set to face off at the company’s upcoming annual meeting, with only some of them in…
Commentary: Gold hits turbulence amid coronavirus disruptions
A key result of the grip of the coronavirus is the severe disruption to the commodity markets on both sides of the supply chain. A…
COVID-19 disrupts US$6.9B of global mining output, S&P Global says
COVID-19 has impacted the mining industry across the globe as governments enforce lockdowns and quarantines and companies halt operations because workers and contractors can’t get…
First Quantum lowers 2020 guidance
With its Cobre Panama mine on care and maintenance since April 7, First Quantum Minerals (TSX: FM) has reduced its copper guidance for the year…
TSX Venture rises, April 13-17: Abitibi Royalties, Adventus Mining, Falcon Gold
The S&P/TSX Venture Composite Index rose 1.76% to finish the trading week at 444.87. Spot gold finished at US$1,686.50 per oz., a gain of 0.05%,…
Palladium One lays groundwork for massive sulphide project in Finland
Palladium One Mining (TSXV: PDM) has extended the Kaukua South zone anomaly at its flagship Läntinen Koillismaa (LK) PGE-nickel-copper project in north-central Finland. “Reconnaissance drilling…
Bluejay Mining grows Greenland footprint
Bluejay Mining (LSE: JAY) has expanded its footprint in Greenland, after securing two new mineral exploration licences surrounding its existing Kangerluarsuk zinc-lead-silver project in the…
S&P Global lowers GDP, metals price forecasts
S&P Global Ratings has cut its global GDP growth forecast for 2020 to 0.4%. Earlier this month, it lowered its GDP growth forecast for China…
Editorial: Sinking in a sea of red
The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million…
Spain allows Atalaya’s Riotinto copper mine to resume operations
Atalaya Mining (LSE: ATYM) has restarted its Riotinto copper mine in Spain after local authorities in Andalucía determined that mining operations supplying other essential industries…