Mining’s biggest show will go on despite coronavirus

This morning, I spoke with John Dorward, President and CEO of Roxgold who was in Burkina Faso last week meeting with the newly appointed Minister of Mines and getting his new General Manager, veteran underground mining engineer Iain Cox, accustomed to his new digs.

The project is sitting on one of the largest undeveloped coal deposits in North America,

It produced over 4 million silver equiv. oz. in Q4, hitting an annual record of 15.25 million silver equiv. oz. for the year.

Article implies that the company engaged in illicit practices to obtain the necessary permits for its Platreef mine in South Africa.

"There's less demand, and there's oversupply. And both are recipes for a crash in oil. And that's what happened. It's a no-brainer."

Discovering what the oil majors had missed.

The firm is deferring the first phase of the 40,000-barrel-per-day project Kirby oil sands project in northern Alberta, originally targeted for the fourth quarter of 2016.

Analysts were expecting 50-80 million pounds, but instead learned the uranium project holds over 105 million pounds in the indicated and inferred categories.

Proceeds will be used for debt reduction and "general corporate purposes."