Glencore to back Kazakh entrepreneur’s purchase of 40% stake in ERG, FT reports
The London-listed miner has proposed a $800 million upfront pre-payment in exchange for future shipments of ferrochrome.
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Gold price declines on inflation fears, liquidity stress
Spot gold fell by as much as 1.5% to $5,053 an ounce, erasing all of its gains for this week.
Resolute Mining grows gold inventory with Côte d’Ivoire additions
The updated resource totals 347 million tonnes grading 1.6 grams of gold per tonne, containing over 17.63 million ounces.
Codelco, Microsoft team up on AI & analytics initiatives
The partnership will cover areas such as AI, advanced analytics, automation and cybersecurity.
Polish central bank chief weighs gold sales to fund defense
Poland’s central bank has been the world’s biggest reported buyer of gold.
Trafigura said to strike deal to buy Venezuela gold in US pact
Venezuelan-owned Minerven will sell 650 kilograms to 1,000 kilograms of gold dore bars to the trading house, Bloomberg reports.
Gold Reserve, other miners receive US license to negotiate Venezuela return
The company operated the Brisas gold mine in Venezuela's Orinoco Arc until 2009.
US Antimony receives $27M Defense Production Act funding
US Antimony is expected to use the funds modernize and expand its existing Montana facility.
Pan American’s largest silver mine just got bigger
New high-grade veins discovered at La Colorada highlight exploration upside and could expand resources ahead of June update.