Africa







Editorial: Sinking in a sea of red

The economic fallout from COVID-19 is mounting sharply. Last week, unemployment claims in the United States hit a record 6.6 million, up from 3.3 million the previous week, and the…


A sulphide flotation recovery cell at Trevali Mining’s Caribou zinc mine in northern New Brunswick. Credit: Trevali Mining.

Trevali suspends Caribou mine in New Brunswick

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…



Moody’s slashes growth forecasts

In November, Moody’s Investors Service forecast G-20 economies in 2020 would grow by 2.6%, but now estimates real GDP will contract by 0.5%, followed by a pick-up to 3.2% in…


Endeavour Mining to buy Semafo

Endeavour Mining (TSX: EDV) gave markets a welcome break from COVID-19-related news by announcing the acquisition of Semafo (TSX: SMF) in a $1 billion (US$691 million) deal that will create…


Nordgold takes stake in Cardinal Resources

Privately held Nordgold has taken a 19.9% stake in Cardinal Resources (TSX: CDV; ASX: CDV), which is advancing its Namdini gold project in Ghana. The Russian gold miner, whose non-executive…


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