AngloGold withdraws from Latin Metals’ Argentina projects
To date, AngloGold has invested $3.3 million on the Organullo, Ana Maria and Trigal properties.
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Ghana orders first major audit of mining firms in a decade
The audit will cover major gold miners including top producer Newmont, AngloGold Ashanti, Gold Fields, Perseus, Asante Gold and China's Zijin.
LME fines Japan’s Mizuho for rules breach
Mizuho Securities failed to report the over-the-counter positions of two of its affiliates, LME said.
Summit Nanotech slashes water use by 30% in lithium extraction
Independent validation shows Summit’s process uses less freshwater than ponds and 50% less than DLE, with high recovery.
Vedanta’s quarterly adjusted profit rises on higher metal prices
Vedanta's aluminum business is the biggest in India and contributes to nearly 40% of the company's revenue.
Gold an ideal hedge against AI bubble: BofA
In its note, BofA stresses that if the current AI hype fades, valuations compress and investor flows reverse, gold could outperform equities.
Fortuna boosts underground potential in Côte d’Ivoire
Fortuna is spending an estimated C$13.5 million this year exploring at Séguéla, the largest of its four mines.
Gold boom spurs MKS PAMP to boost Hong Kong presence
Although London remains the global market’s main pricing center, China is the world’s largest gold producer.
Record gold profit adds shine to Swiss National Bank’s results
The SNB, with unchanged gold holdings of 1,040 metric tons, has benefited from gold prices.
