Lundin Gold raises production forecast for the year

Amex has released assay results for six drillholes at Perron project in Quebec’s Abitibi greenstone belt, part of an ongoing 300,000 drill program.

For its full year 2021, ending in June, Australia-based miner expects to produce 370,000-410,000 oz. across its operations.

The Vancouver-based royalty firm saw a 20% y-o-y increase in attributable gold equivalent ounces sold worldwide.

The sale is in line with Barrick's policy of selling non-core interests to focus its portfolio on Tier One assets.

Drilling is underway at the McCuaig target, 8 km southwest of Bateman, with the first hole now completed and sent for assaying.

Company has been renamed Perpetua Resources Corp. and granted a Nasdaq listing.

Investors net sold $1.4 billion in precious metal funds in the week ended Feb. 10.

The company drilled 6,698 metres in nine holes last year at the Gate zone.

Copper Mountain generated 77.6 million lb. of copper in 2020, exceeding prior guidance for 70 to 75 million lb. of the red metal.