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Lumina raising $26 million for Ecuador gold-copper – Resource World Magazine

Lumina raising $26 million for Ecuador gold-copper – Resource World Magazine
resourceworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from resourceworld.com Daily Mail and Mail on Sunday newspapers.

Puerto Bolivar , El Oro , Gran Bestia , Ross Beaty , Lumina Gold Corp , Pan American , Fruta Del Norte , ப்வெர்டோ பொலிவர் , எல் ஆரோ , கிரான் பெஸ்டியா , ரோஸ் துடிப்பு , லுமினா தங்கம் கார்ப் , பான் அமெரிக்கன் , ப்ருத்த டெல் நார்ட் ,

Mined gold supply still not keeping up with demand

Mined gold supply still not keeping up with demand
(Shutterstock Image)
2020 was a mixed bag for gold producers. On the one hand covid-19 forced many to temporarily halt operations, due to government-imposed lockdowns.
Yet last year also saw gold hit a record $2,034 per ounce, due mainly to pandemic-related demand shocks, including a sharp drop in the US dollar; the flight from equities to bonds, which drove yields to record lows, thus supporting investments in gold; and monetary easing across the major central banks, comprising a resumption of quantitative easing (mainly bond buying) designed to drive down interest rates and spur borrowing; and interest rate cuts to near 0%, also carried out to incent businesses and individuals to take out loans, and therefore protect national economies from falling into recession during the once in a century global health crisis. ....

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Lumina Gold Receives EIS Approval For C20 Concession

Lumina Gold Receives EIS Approval For C20 Concession
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VANCOUVER, BC, Feb. 1, 2021 /PRNewswire/ -
Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the Company or Lumina ) is pleased to announce that it has received approval for its Environmental Impact Study ( EIS ) on the C20 concession that contains the western portion of the Cangrejos deposit and the entire Gran Bestia deposit. The EIS on the 779 hectare C20 concession will allow for unlimited step-out, infill and expansion drilling beyond the prior work under the Scout Drilling Regime. Lumina already had a valid Environmental Impact Study on the 3,498 hectare original Cangrejos concession and the two EIS s together cover both existing deposits at the project. ....

British Columbia , Gran Bestia , Marshall Koval , Company Or Lumina , Lumina Gold Corp , Regulation Services Provider , Venture Exchange , Lumina Gold , Environmental Impact Study , Scout Drilling , Cangrejos Gold Copper Project , பிரிட்டிஷ் கொலம்பியா , கிரான் பெஸ்டியா , மார்ஷல் கோவல் , நிறுவனம் அல்லது லுமினா , லுமினா தங்கம் கார்ப் , ஒழுங்குமுறை சேவைகள் வழங்குநர் , துணிகர பரிமாற்றம் , லுமினா தங்கம் , சுற்றுச்சூழல் தாக்கம் படிப்பு , சாரணர் துளையிடுதல் ,