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Financial Stability Review, May 2021

Financial Stability Review, May 2021
Foreword
This is the third issue of the Financial Stability Review (FSR) prepared in the context of the coronavirus COVID-19 pandemic, with many euro area countries having faced a third wave of infections. As a result, a vast number of firms – particularly those in the services, leisure and travel sectors – still cannot operate normally, and the economy is still reliant upon policy support to prevent widespread unemployment, corporate insolvencies and economic contraction. The human and economic costs of the pandemic continue to accrue.
That said, vaccination programmes are progressing and offering a route out of the pandemic. Financial markets have been driven by expectations of an upswing, exemplified by a striking rally in global equity markets. We are optimistic that financial and economic conditions will bounce back. There is, however, a reality that the pandemic will leave a legacy of higher debt and weaker balance sheets, ....

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Havilah Resources Ltd advances towards near-term production at West Kalkaroo Gold Project

Havilah Resources advances towards near-term development of West Kalkaroo Gold Project
The company is targeting development of the West Kalkaroo gold open pit this year, subject to a final investment decision, obtaining financing and final South Australian Government approvals.
The company has initiated discussions with possible mining contractors and project financiers.
Havilah Resources Ltd (ASX:HAV) (FRA:FWL) is progressing towards near-term gold production at its large-scale Kalkaroo copper-gold-cobalt deposit in north-eastern South Australia, near Broken Hill.
The company’s priority focus has been on advancing several key tasks required to commence production from the West Kalkaroo open pit gold mine, including: ....

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Why in the World Would You Own Bonds When…

Why in the World Would You Own Bonds When…
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VanGold PEA Outlines 7 Year Mine Life

Press release content from Accesswire. The AP news staff was not involved in its creation.
VanGold PEA Outlines 7 Year Mine Life
February 16, 2021 GMT
New Resource Est. of 7.2 M oz. Indicated and 20.4 M oz. Inferred AgEq
VANCOUVER, BC / ACCESSWIRE / February 16, 2021 / Further to the Company’s proposed acquisition of the El Cubo mine and mill complex (“El Cubo”) from Endeavour Silver Corp. (“Endeavour”) announced December 18, 2020, VanGold Mining Corp. (the “Company” or “VanGold”) (TSXV:VGLD) is pleased to announce positive results from its Preliminary Economic Assessment (the “PEA”) for the combined El Cubo and El Pinguico project south of the city of Guanajuato, Mexico (together the “Combined Project”). Details of the PEA including the Company’s maiden Mineral Resource estimate will be provided in a NI 43-101 technical report with an effective date of January 31, 2021 and an issue date of February 12, 2021(the “PEA Report”) to be f ....

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