Nord Gold to raise $1bn in London flotation

Amarc's CEO called the AuRORA discovery "a significant inflection point" in the exploration of the JOY district with Freeport.

Agnico, the second-largest gold miner by stock market value, agreed to acquire O3 last month for about C$204 million.

Gold stocks in COMEX-approved warehouses have jumped by one-third in the past six weeks.

Kazakhstan has produced about 65 tons of gold a year, according to the central bank.