Gold’s allure to dim in India as inflation, patchy rains bite

In the first three months of 2021, Pure Gold processed 47,182 tonnes grading 2.8 g/t gold and generated 4,011 gold oz.

The Newman Todd Zone is a 2.2 km long structural target situated near Evolution Mining's Red Lake operations.

Donlin Gold published last week final results for its latest drilling program.

Denis Alexandrov said the gold miner will focus on expanding output from existing assets before considering mergers.

Technical report also forecasts average production of 680,000 to 720,000 oz. a year between 2021 and 2024, increasing to 800,000 oz. in 2025.

Measured and indicated resources contain a total of 13 million gold ounces and 3.7 million tonnes of copper.

Argonaut has also provided a Magino construction update, which is proceeding on and ahead of schedule.

One hole intersected 4.4 m grading 73.3 g/t Au from 702.6 m.

Gold producers have in the past argued that above-inflation wage hikes cannot be sustained unless prices also rise.