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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

The acquired company holds or has rights to a title package comprised of mining concession agreements covering approximately 35,747 hectares of land.

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.