April 23, 2023

Zimbabwe to introduce gold-backed digital currency

Zimbabwe will soon introduce a gold-backed digital currency meant to stabilize the local unit from its continued depreciation against the dollar.

April 21, 2023

Asante Gold shuns ‘highly conditional’ takeover proposal from shareholder Fujairah

The company said the proposal "fails to address Asante's near-term financing requirements."

April 21, 2023

Mexico’s lawmakers approve overhaul of mining industry

The reforms would require miners to give back at least 10% of profits to communities and disclose the impacts of their operations.

April 20, 2023

Gold heist at Toronto airport is probed by police

Canada’s national police force is investigating a heist at the country’s busiest airport that may have netted thieves as much as $15m in gold and other valuables.

April 20, 2023

Gold price above $2,000 on softer US economic data

"For gold to make that run back to record highs, you need the June rate hike completely off the table," analyst says.

April 20, 2023

Hochschild reports 35% fall in annual profit

The London-listed company reported an adjusted core profit of $249.6 million as compared to $382.8 million it reported last year.

April 20, 2023

Tailings dams affect diversity of upstream fish species – study

Brazilian researchers found that streams flowing into tailings storage dams had fewer catfish species.

April 19, 2023

Probe’s assays hike resource outlook at Novador gold project in Quebec

More than 100 of the holes cut grades above the 0.4-gram-gold-per-tonne cutoff.

April 19, 2023

Chinese households turn to jewellery and gold in flight to safety

The appeal of jewellery and gold has risen after the biggest global banking crisis in more than a decade.

April 19, 2023

Gold price falls below $2,000 as market readjusts rate hike expectations

Markets are now pricing in an 85% chance of a 25-basis-points rate hike at the Federal Reserve's next meeting.