Precious Metals Top Stories

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captainplanet | September 18, 2020 | 10:06 am

Botswana Diamonds unit to sell 256 carats from South Africa project

The diamonds to be sold by Vutomi, in which Botswana…

Cecilia Jamasmie | June 11, 2019 | 11:00 am

Seabridge reaches co-operative agreement with indigenous group for KSM project

Seabridge’s KSM project is considered one of the largest undeveloped…

Jackson Chen | June 10, 2019 | 11:30 pm

Gold rally ends as US-Mexico trade concerns ease off; outlook remains positive

Gold prices dropped nearly 1.2% on Monday morning, slipping from…

Jackson Chen | June 10, 2019 | 11:19 pm

Nation built on gold loses its African crown to rival Ghana

South Africa’s struggling gold industry has suffered yet another humiliation,…

| June 10, 2019 | 5:07 am

Ecuador’s new mining policy backs large-scale projects

Government officials said they expect first exports from large-scale mining to be delivered before year-end.

Valentina Ruiz Leotaud | June 5, 2019 | 6:51 am

Venezuela is said to default on gold swap with Deutsche Bank

Venezuela has defaulted on a gold swap agreement valued at $750 million with Deutsche Bank, prompting the lender to take control of the precious metal which was used as collateral.

Bloomberg News | June 4, 2019 | 12:52 pm

Russian banks mull exporting more gold on central bank discount

The Bank of Russia made the change to its pricing policy this year, saying it would buy from dealers at a level slightly below the benchmark London gold price.

Bloomberg News | June 4, 2019 | 9:16 am

Zimbabwe’s mineral-backed loans may complicate talks with creditors, IMF says

Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import Bank for mineral-backed loans

Reuters | June 3, 2019 | 7:16 am

Finland’s new government plans spending spree, Iltalehti reports

The new government intends to look into establishing a mining tax and analyzing the possibility of taxing capital gains from the sale of mining rights.

Bloomberg News | June 2, 2019 | 12:07 pm