December 12, 2022

Ascot arranges $146m financing package for construction of Premier gold project

The financing package consists of a gold and silver streaming agreement with Sprott and an equity investment by Ccori Apu SAC.

December 12, 2022

Gold price slips ahead of US inflation data, Fed decision

Data on Friday showed US producer prices rose slightly more than expected in November, reinforcing the view that the Fed may have to keep interest rates high.

December 12, 2022

Metalla adds Barrick’s Lama project to royalty portfolio

Total consideration will be $7.5 million in common shares and cash.

December 12, 2022

St Barbara to buy Genesis Minerals in $367m deal

The new company, called Hoover House, will target production of more than 300,000 ounces (koz) of gold per annum.

December 12, 2022

SolGold shares dive despite raising $36m with Jiangxi backing

The miner is said to be at the centre of a bidding war between Jiangxi, China’s largest copper miner on the one side, and a possible BHP-Newcrest alliance on the…

December 11, 2022

Gold objects found in Troy were mass-produced, travelled great distances

Gold in objects from Troy, Poliochni and Ur in Mesopotamia have the same geographic origin and were traded over great distances.

December 9, 2022

Ex-JPMorgan gold trader found guilty in spoofing trial

Christopher Jordan was convicted of wire fraud affecting a financial institution by a federal jury in Chicago.

December 9, 2022

Gold stocks surging back

The gold miners’ stocks are surging back, amplifying their metal’s gains in a strong mean-reversion rally.

December 9, 2022

Turquoise Hill shareholders approve Rio Tinto’s $3.3bn buyout bid

The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government.

December 9, 2022

Deutsche Bank seeks to re-join key gold trading club in London

Re-joining the LBMA doesn’t signal a change in strategy, but it may help Deutsche Bank expand its precious-metals business.