Metals Creek inks option for Dona Lake Mine from Newmont Goldcorp, stock jumps

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.

The project contains one of the largest in-situ gold reserves and resources owned by an independent junior mining company in South America.

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.

Two ministers met with captains from the Indigenous tribe, however, activists say their complaints against the environmental and social impacts of the Orinoco Mining Arc tend to fall on deaf ears.

Chip sampling on the property produced significant gold, silver, copper, zinc and lead results.

Canada was the fourth largest gold producer in the world, behind China, Australia and Russia.

The Porgera mining lease is set to expire on August 16, 2019.

Large-scale speculators in gold futures are positioning for an extended gold rally.

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