St Barbara reports half-year results; faces environmental charges in Nova Scotia

Small-scale gold producers, including illegal miners, accounted for nearly 60 percent of the record 33 tonnes of gold produced in Zimbabwe last year.

Sibanye-Stillwater said it had entered into talks with stakeholders on restructuring its gold operations following financial losses at the Beatrix 1 and Driefontein 2,6,7,8 shafts during 2018.

Yauricocha's reserves are, in the proven category, 1.8 million tonnes and a little over 7 million tonnes in the probable category.

The company recorded revenue of $377.1 million and adjusted net earnings of $29.0 million.

The rise was buoyed by an increase in gold production and lower cost of mining.

SilverCrest is “an attractive takeout candidate for a mid-tier gold and/or silver producer.”

The company said it failed to reach an agreement with a client in a dispute over a mining project in Latin America, prompting it to slash its profit forecast by more than 40% for the year.

Peru's environmental regulator OEFA has concluded that mining waste from the company's Cuajone mine did not spill into a river during heavy rains last week.

The company said that any potential restart would be dependent on market conditions.