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Endeavour restarts Boungou mine
Canada's Endeavour Mining, West Africa's largest gold producer, has resumed operations at the Boungou mine in Burkina Faso, about a year after previous owner Semafo decided to close it after an attack that killed 39 civilians. The Toronto miner stated that the...
Overview Market Close – October 15, 2020
Americas Name Value Net Change % Change DOW JONES INDUS. AVG 28,494.20 -19.80 -0.07% S&P 500 INDEX 3,483.34 -5.33 -0.15% NASDAQ COMPOSITE 11,713.87 -54.86 -0.47% NYSE COMPOSITE INDEX 13,137.25 -5.91 -0.05% S&P/TSX COMPOSITE INDEX 16,501.03 +45.63 +0.28% Europe...
USA’s ferrous scrap export hits five-years high in August
The USA, world's largest ferrous scrap supplier, exported scrap 1.84 mn t in Aug'20, higher by 52% from 1.21 mn t in Jul'20, as per customs data maintained with SteelMint. Notably, US ferrous scrap exports hit a record five years high of 1.84 mn t in August....
Barrick transitions Hemlo to underground mining
Barrick Gold is moving ahead with plans to extend the life of its Hemlo gold mine in Ontario by transitioning the operation from open-pit mining to purely underground mining as a modernized ‘Tier Two’ asset. Mining of the Williams pit is expected to wind down at the...