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 ...

Russian central bank turns attention to banks hit by slower gold exports

MINEX Forum | April 13, 2020
img0 Russia’s central bank is considering how to help the country’s commercial banks with gold storage after complications with bullion exports because of the coronavirus crisis. Gold exports from the world’s third-largest producer behind China and Australia have been hit by the grounding of passenger flights while domestic demand has been curbed by the central bank’s ...

Spain lets Riotinto copper mine restart operations

MINEX Forum | April 7, 2020
img0 Atalaya Mining (LON: ATYM) has restarted operations at its Riotinto copper mine in Spain after local authorities in Andalucía determined that mining operations supplying other essential industries should remain open. The Cyprus-headquartered company closed the mine on March 30 in response to the Spanish government’s royal decree, which ordered the suspension of non-essential business operations, including mining. ...

Lundin Mining temporarily suspended activities at the Zinc Expansion Project in Portugal

MINEX Forum | April 7, 2020
img0 Lundin Mining Corp. attributed the decision to the escalating COVID-19 pandemic. The company announced that it has temporarily suspended construction and commissioning activities at the Zinc Expansion Project (ZEP) at its Neves-Corvo copper-zinc mine in Portugal. Previously, the zinc expansion project was on track for a phased start-up beginning in the second quarter of 2020, ...

Tara Mines resumes production operations in Ireland despite coronavirus risk; zinc and lead used for healthcare products

MINEX Forum | April 7, 2020
img0 While most workplaces outside those involved in the delivery of frontline emergency services, food and medicines have closed in response to the Government’s imposition of new public health guidelines its Swedish owner Boliden told its employees it had decided to reopen Tara Mines. The mine will resume production on the grounds that the zinc and ...