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Record gold prices tumble as global economy takes hit

Image: Market Index Australian gold prices have dropped by $35.50 an ounce as the worldwide economy is affected by the coronavirus. ABC Bullion listed a seven-year-high price of $2558.53 an ounce on Wednesday, which dropped to $2523.03 at the time of writing on...

Economic stimulus ‘good news’ for mining juniors

Courtesy of Keith Pitt on Facebook. Leaders of the resources sector have convened in Canberra to organise a plan against the impact of the coronavirus outbreak. The Australian Government recently announced a stimulus package to boost the national economy, encouraging...

Track’em launches materials tracking platform

Track’em has released the latest version of its cloud-based materials tracking platform, enabling customers to manage materials and logistics across the supply chain. Located in Perth, Track’em is a provider of cloud-based tracking software in the resources and...

Barrick to pursue $2bn Pueblo Viejo mine expansion

Image: Barrick Gold Barrick Gold plans to extend the life of the Pueblo Viejo gold mine in the Dominican Republic beyond 2040. The expansion will enable Barrick to exploit the lower grades in the orebody and is not intended to process ore from outside the current...