Nordgold repays $325 million in debt

There are high chances of the U.S. recession arriving somewhere between the second and the fourth quarter of 2020.

In top consumer China, gold was sold at a premium of $10-$13 an ounce over the benchmark this week.

The miner must still deliver a new study on the impact on nearby indigenous communities of the project, which promises to be Brazil's largest gold mine.

North Mara, the company's largest mine, has not been affected by an export ban because it produces gold doré bars rather than ore concentrate.

Japan granted the Canadian company four additional prospecting rights.

The assays from 18 of 19 diamond drill holes in the program have been received.

The three deposits have a total indicated resource of 2.2 million tonnes at an average grade of 6.64 g/t gold.

The decision to lift its full-year guidance was made in response to second quarter operating results.

Price momentum and structural economic reforms in India and China will also be key demand drivers.