Shanghai Gold Exchange to expand warehouse network to Hong Kong
The new vault will be operated by a subsidiary of Bank of China, according to Bloomberg sources.
Latest Stories
Zambia regulator approves $270 million Congo transmission link
The high-voltage transmission line will link Zambia's copper rich North-Western province to the Democratic Republic of Congo.
Gold Fields, AngloGold pause Ghana JV talks
The companies planned to combine the Iduapriem and Tarkwa mines in Ghana to create Africa’s largest gold operation.
Ma’aden deploys space technology to explore projects across Arabian Shield
The initiative will be delivered through the regional joint venture established by Fleet Space Technologies and Tahreez.
CIA’s venture capital arm invests in Colorado-based critical minerals startup
Company said its technology offers a low-impact way to extract high-purity critical minerals from unconventional and previously uneconomic sources.
CIM launches Innovation and Technology Society
Initiative aims to accelerate the development and adoption of solutions to the mining industry’s most pressing challenges.
Exploding neutron stars may have created gold, new study suggests
According to a study published in The Astrophysical Journal Letters, it is explosions of highly magnetized neutron stars, or magnetars, that caused gold and other heavy metals to form in space.
Rosatom sues Finnish firms $2.8B over nuclear plant contract
The contract to build a 1.2 gigawatt plant with investments estimated at 6.5-7 billion euros was signed in 2013, but the Finnish side terminated it in May 2022.
TriStar Gold’s Brazil project nearly doubles in value after prefeasibility update
The project's after-tax NPV (discounted at 5%) is estimated at $603 million, with an IRR of 40% and payback of two years.
