S. Africa mining firms work together against covid-19 as mines reopen

“On Friday we won’t have stock if this doesn’t end,” Gran Colombia Gold’s CEO Lombardo Paredes warned.

Having survived a prolonged mining industry depression, one of the high profile players in the Yukon gold exploration scene is once again attracting investor interest.

Déjà vu for the gold market as rate rise is pushed out to December – the last Fed hike marked the end of the bear run and gold started to gain immediately.

Asia-Pacific, Africa top tables with revenues of $20 billion and $16 billon annually.

In situ gold reported by explorers and mining companies active on the continent.

Mergers and acquisitions in gold mining industry continues to decline as juniors and mid-tier companies make a go of gold price rally.

RFA says 18% of the Kachin state in northern Myanmar is being mined for gold on a large scale.

Fed says inflation and business investment made them hold back.

Robert McEwen says the metal could trade in a range of $1,700 an ounce to $1,900 by the end of the year.