El Salvador president proposes bill to overturn metals mining ban
In 2017, El Salvador became the first country in the world to ban forms of metals mining.
Gold producer Jaguar Mining Inc posted a quarterly profit that beat analysts’ estimates helped by surging bullion prices, sending its New York-listed shares up almost 7 percent in extended trading.
For the January-March quarter adjusted profit was $10.3 million, or 12 cents a share, compared with an adjusted loss of $3.7 million, or 4 cents a share, a year ago.