Chaarat Gold boosts production by 12%

MINEX Forum | May 22, 2020
img0 Chaarat reported production of 12,992oz of gold equivalent in the March quarter of 2020, compared to 11,402oz in the Decemer quarter, with the All-in-Sustaining Cost (AISC) falling to US$1,074/oz from US$1,242/oz. There was an improvement in throughput and grades to 178,144t at a feed grade of 2.86g/t, from 176,922t at a feed grade of 2.61g/t in ...

Mundoro Capital’s strategic mining project locations in Serbia and Bulgaria, disciplined capital

MINEX Forum | May 19, 2020
img0 Mundoro Capital Inc. is a Canadian-based junior mining company that is utilizing the proven partner model to boost mining exploration in Serbia and Bulgaria’s Tethyan belt and is focused on investing in base metal and precious metal projects in the western portion of the Tethyan belt in Bulgaria and Serbia. The company focuses on copper ...

Atalaya’s Proyecto Riotinto enviro permit confirmed

MINEX Forum | May 8, 2020
img0 Copper miner Atalaya Mining says the regional authorities of the Junta de Andalucía have validated the environmental permits for Proyecto Riotinto, ending a legal process that started a year-and-a-half ago. In September 2018, the Tribunal Superior de Justicia de Andalucía ruled in favour of an environmental group against the government of Andalucía (JdA). Atalaya was ...

Alrosa halts diamond mining at two assets

MINEX Forum | May 6, 2020
img0 Russia’s Alrosa (MCX: ALRS), the world’s top diamond producer by output, is temporarily suspending production at two assets as demand and sales for diamonds continues to drop. Major consumers, including China and the United States, are struggling with economic headwinds caused by the global covid-19 pandemic. Extended lockdowns affecting key players in the supply chain, including polishers ...

Kinross doubles net earnings in Q1

MINEX Forum | May 6, 2020
img0 Kinross (TSX: K, NYSE: KGC) reported on Tuesday that net earnings almost doubled to $122.7 million, or $0.10 per share, for Q1 2020, compared with net earnings of $64.7 million, or $0.05 per share, in Q1 2019. The Toronto-based gold miner said the increase was mainly due to higher margins, which outpaced the increase in average ...

Mundoro Provides Update on Exploration Activity, Corporate Activity and COVID-19 Response

MINEX Forum | April 30, 2020
img0 Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company“), announces filing audited consolidated financial statements and Management’s Discussion and Analysis on SEDAR at www.sedar.com and posting on the Company’s website at www.mundoro.com. All amounts are in Canadian dollars unless otherwise stated. Along with the filing of financial statements, Mundoro provides an update on ...