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Mining News

Mine

Newcrest Mining announces A$20 million fund for COVID-19

Kitco News |

(Kitco News) - Newcrest Mining (ASX:NCM) announced Tuesday that it has established a A$20 million Community Support Fund to provide financial support to its host communities to assist them with the challenges associated with the COVID-19 pandemic.

Mine

Freeport-McMoRan confirms New Mexico mine workers have coronavirus

Reuters |

April 7 (Reuters) - Freeport-McMoRan Inc said threeemployees at its Chino copper mine in New Mexico have testedpositive for COVID-19, confirming earlier reports from stateofficials.

Mine

Coeur ramping down Palmarejo mine due to COVID-19; U.S. operations continue

Kitco News |

(Kitco News) - Coeur Mining, Inc. (NYSE: CDE) is ramping down operations at its Palmarejo gold-silver complex in Mexico, but all of its mines in the U.S. are still operating, the company announced Tuesday.

Mine

Copper belt miners turn to Tanzania as South Africa lockdown hobbles ports

Reuters |

JOHANNESBURG, April 7 (Reuters) - South Africas strictcoronavirus lockdown has caused miners to divert copper from thecountrys ports to others in Africa, with Dar es Salaam theclear winner, sources told Reuters.

Mine

Hecla: 1Q output goes as planned; 2020 guidance withdrawn

Kitco News |

(Kitco News) - First-quarter production met Hecla Mining Co.’s (NYSE: HL) expectations, but officials are withdrawing 2020 output and cost guidance due to uncertainty tied to the COVID-19 pandemic, the company reported Tuesday.

Live Spot Prices

New York Time | Spot quotes are non-LME prices
Prices in $USD / oz

Gold

April 08, 03:02
Bid/Ask 1653.80 1654.80
Change +4.10 +0.25%
Low/High 1650.30 1661.00

Silver

April 08, 03:02
Bid/Ask 15.02 15.12
Change +0.12 +0.81%
Low/High 14.88 15.21
Prices in $USD / lb

Copper

April 08,02:59
Bid/Ask 2.2815 2.2824
Change +0.0064 +0.28%
Low/High 2.2486 2.2962

Nickel

April 08,02:59
Bid/Ask 5.2001 5.2047
Change +0.0658 +1.28%
Low/High 5.0913 5.2069

Aluminum

April 07,14:07
Bid/Ask 0.6529 0.6548
Change +0.0000 +0.00%
Low/High 0.6529 0.6548

Zinc

April 08,02:59
Bid/Ask 0.8617 0.8622
Change -0.0020 -0.23%
Low/High 0.8570 0.8676

Lead

April 08,02:59
Bid/Ask 0.7731 0.7733
Change -0.0023 -0.29%
Low/High 0.7633 0.7784

Uranium

Mar 30, 2020
Ux U308 price: 27.40
Change from
Previous Week +3.15

Top 5 Performing Gold Equities

JSE:SSWJ 2891.00 ZAC +17.62%
LI.V 0.20 CAD +14.71%
TSX:CGG 0.66 CAD +13.79%
KORE.V 0.31 CAD +12.73%
OS.V 0.05 CAD +11.11%