Monarch gets $5m to bring Beaufor mine into production The Saint-Sauveur-based company just signed a deal with institutional investor Caisse de dépôt et placement du Québec. MINING.COM Staff Writer | May 8, 2020 | 6:15 am
Equinox tables PEA for underground development at Aurizona The early-stage study suggests a feed contribution of 2,800 t/d from the Piaba underground to the existing 8,000 t/d plant at the site. Canadian Mining Journal Staff | May 7, 2020 | 4:17 pm
Franco-Nevada reports 10% quarterly sales boost Company sold 134,941 gold equivalent ounces in Q1, up 10.6% from Q1 2019, but warned of 'production curtailments.' MINING.COM Staff Writer | May 7, 2020 | 12:27 pm
Gold prices rebound on US unemployment data Spot gold rallied back above $1,700 an ounce, up 2.2%. Jackson Chen | May 7, 2020 | 10:01 am
Peru mines to hit 80% production in a month Executive director of the National Society of Mining says around 20 companies are ready to resume operations. Reuters | May 7, 2020 | 8:23 am
Yamana forecasts 31% increase in Jacobina output The company plans to ramp up gold production to 230,000 oz annually by 2023. MINING.COM Staff Writer | May 6, 2020 | 3:36 pm
Kirkland Lake’s strong Q1 results boosted by Detour First-quarter revenue of $554.7 million jumped 82% from $304.9 million in the year-ago period. Bruno Venditti | May 6, 2020 | 11:59 am
Falling peso affects Torex’s Q1, shares drop The miner reported a net loss of $47 million on revenue of $172 million for the quarter. Canadian Mining Journal Staff | May 6, 2020 | 11:46 am
Gold price back below $1,700 Gold futures also narrowed its lead over spot prices as world's top gold refiners restore operations. Jackson Chen | May 6, 2020 | 11:34 am