Raymond James lowers metals forecasts for 2020
Raymond James has updated its metal price forecasts for the year due to the COVID-19 pandemic. Its new full-year forecast for gold in 2020 is US$1,594 per oz., down from…
Raymond James has updated its metal price forecasts for the year due to the COVID-19 pandemic. Its new full-year forecast for gold in 2020 is US$1,594 per oz., down from…
Argonaut Gold (TSX: AR) and Alio Gold (TSX: ALO; NYSE-A: ALO) announced a friendly all-share at-market merger that will create a larger company with a production base of over 235,000…
TMAC Resources (TSX: TMR) has released key results from a prefeasibility study completed for its wholly owned Hope Bay gold project in Nunavut. This latest study envisions a new 4,000…
Premier Gold Mines (TSX: PG; US-OTC: PIRGF) is offering to purchase the remaining 50% interest it doesn’t already own in the Greenstone Gold Mines Partnership (GGM) from Centerra Gold (TSX:…
Seabridge Gold (TSX: SEA; NYSE: SA) is acquiring the 3 Aces gold project in southeastern Yukon from Golden Predator Mining (TSXV: GPY) for 300,000 Seabridge shares and an immediate cash…
Bank of America forecasts global nickel demand could drop by 2.8% year-on-year in 2020, which could result in a nickel surplus of nearly 150,000 tonnes. “Nickel demand has had a…
Trevali Mining (TSX: TV; US-OTC: TREVF) has temporarily suspended operations at its Caribou mine near Bathurst, New Brunswick. The company noted that the global zinc market has deteriorated and that…
Steppe Gold (TSX: STGO) is on track to produce 60,000 oz. gold this year at cash costs of US$500 per oz. from its heap leach mine in Mongolia, after starting…
As the science continues to evolve around the transmission of the deadly coronavirus, the 23,000 people who attended the Prospectors & Developers’ Association of Canada (PDAC) convention in Toronto on…
Barrick Gold (TSE: ABX; NYSE: GOLD) has unveiled a 10-year gold production plan in which it aims to maintain production levels of approximately 5 million oz. gold per year between…
On a global scale, work is grinding to a halt and operations at mines are being temporarily suspended as majors and minors move to enact measures to protect against the…
The coronavirus pandemic “has morphed into a credit crisis and economic recession,” Bank of America (B of A) outlined in its World at a Glance report released Thursday, noting that…
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