Condor granted permit to develop third pit at La India Condor Gold shares jumped 23.6% to a near 52-week high on Wednesday. Jackson Chen | May 6, 2020 | 11:32 am
HSBC reveals it was caught out as lockdowns snarled gold market In a filing, the bank cited “delivery disruptions in the gold market” as one reason why it breached its value-at-risk limits 12 times in March. Bloomberg News | May 6, 2020 | 10:53 am
Africa’s top gold refiner restarts smelter Rand Refinery will restart the plant this week after a month-long shutdown. Bloomberg News | May 6, 2020 | 9:37 am
Harmony to issue $200m worth of shares for AngloGold deal Harmony has also withdrawn its annual production guidance for the financial year. Reuters | May 6, 2020 | 9:18 am
Barrick cuts 2020 guidance, faces $191m bill in PNG Dispute with PNG over Porgera mine has done what a pandemic did not — dent the gold miner’s expected output for the year. Cecilia Jamasmie | May 6, 2020 | 6:42 am
Russia questions legality of US-planned moon mining pact The Kremlin says legal framework for mining on the moon should be examined to make sure it complies with international laws. Cecilia Jamasmie | May 6, 2020 | 3:45 am
Cartier grows Chimo Mine property resources Indicated resources for the North Corridor are at 505,300 tonnes at 5.35 g/t gold, for a total of 86,860 oz. Canadian Mining Journal Staff | May 5, 2020 | 4:39 pm
Kinross doubles net earnings in Q1 Company reported net earnings of $122.7 million, or $0.10 per share, compared with $64.7 million, or $0.05 per share, in Q1 2019. Bruno Venditti | May 5, 2020 | 4:32 pm
Wesdome reports 76% jump in Q1 revenue Production from the Eagle River underground mine rose 36% over the previous year. Jackson Chen | May 5, 2020 | 3:48 pm