HSBC said the issue was mainly due to an "unprecedented widening" of the price difference between US gold futures and spot gold in the London market.

Covid-19 infections in Mimika Regency, where the Grasberg mine is located on Papua island, reached 112 cases as of Sunday.

The Vancouver-based miner said that only essential personnel are allowed on the Treaty Creek project.

Wesdome has drilled 47,800 metres in 164 holes since a September resource update for Kiena with a further resource update expected mid-year.

Company announced acquisition of a third gold project in Australia and is proposing a name change to Karora Resources.

Company will resume exploration and development work at its gold-silver project in Sonora, Mexico by mid-May.

Centerra accuses partner of inflating Hardrock’s resource estimate to improve its own profile.