Eloro stock surges on high-grade drill results from Bolivia

The Central Asia-focused explorer and developer said Tulkubash’s measured and indicated resource is now over 1.4 million ounces of gold, while the grade also rose 57% to 1.35g/t gold.

Guatemala's highest court ruling says mining operations will be suspended until government carries out consultation of the local indigenous people.

This is a rare move by De Beers, which is famous for requiring buyers to take what’s offered.

The year-to-date gain is 16.6 per cent, and the metal used to power nuclear reactors is on track to record a second annual increase.

Temporary suspension of mining activities comes after about 100 people trespassed and demanded payment for alleged environmental impacts of the operation on their community.

Platinum miner Zimplats on Friday reported a 94 percent drop in after-tax profit to $2.6 million after incurring a higher deferred tax charge.

The Toronto-based miner, which is developing a large untapped gold deposit in a remote part of Northern Ireland, will seek final approval of the transaction by the Ontario Superior Court of Justice early next week, with the deal expected to close on or about Sep.7, 2018.

Ruling effectively halts construction of the 1,150-kilometre project indefinitely.

The mine and processing complex, in operation since 1997, will be placed on care and and maintenance by year-end.