Bolivia Introduces Gold Bank to Regulate Chaotic Mining Boom
Bolivia’s new government plans to create a gold bank with public and private capital to ensure sustainable mining and marketing practices, Finance Minister José Gabriel Espinoza said. The administration of centrist President Rodrigo Paz, who took office this month following two decades of socialist rule, plans to continue state buying of locally mined gold but […]
CEO Tristan Pascall Discusses the Future of First Quantum Minerals
“We will always be a growth company” – Tristan Pascall, CEO of First Quantum Minerals in London The highs and lows of copper are not quite as far apart as memecoins or stonks, but in the last couple of years more than the usual number of fires have been lit and doused under the red […]
Billionaire Family Capitalizes on India’s Gold Frenzy to Build Wealth
Stock image. Gold is having a moment in the sun and the billionaire Muthoot clan of India is reaping the benefits. Their family-run firm that’s doled out gold loans for almost nine decades is on a roll as consumers take advantage of surging bullion prices to swap jewelry for short-term cash. The boom has pushed […]
RANKED: The Top 20 Gold Projects Worldwide
Seabridge Gold with regulators on the Mitchell Deposit at the KSM Project in northwestern British Columbia. (CNW Group/Seabridge Gold Inc.) Gold bugs have been riding a scorching rally in 2025. With a gain of over 50%, gold is one of the best-performing assets year to date, buoyed by strong buying pressure from central banks and […]
Barrick Mining Explores Possibility of Dividing into Two Separate Entities
The board of Canada’s Barrick Mining has raised the possibility of splitting the company into two separate entities, one focused on North America and the other on Africa and Asia, four sources familiar with the company’s thinking told Reuters. A split could also include the outright sale of Barrick’s African assets as well as of the […]
Gold Prices Drop 3% During Market Selloff
Stock image. Gold prices tumbled over 3% on Friday amid a broader market sell-off sparked by fresh remarks from US Federal Reserve officials that dimmed hopes of another rate cut. Spot gold fell to as low as $4,034.54 per ounce during the early morning trading, erasing most of its gains from the last few sessions […]
Illegal Mining Targets East Africa Metals Sites: Report
A view of an East Africa Metals project area in Ethiopia. Credit: East Africa Metals. Rising gold prices have resulted in alleged illegal mining activities taking place at two East Africa Metals (TSXV: EAM) properties in Ethiopia’s Tigray region, The Globe and Mail reported. Although the company insists the projects remain non-operational and inaccessible, witnesses including […]
Morgan Stanley Faces Scrutiny from US House Committee Regarding Zijin Gold IPO in Hong Kong
Stock image. New York – Morgan Stanley’s underwriting of Zijin Gold International’s Hong Kong IPO placed it and its U.S. investors at risk of regulatory, financial and reputational harm, a U.S. House of Representatives committee told the bank on Thursday. Zijin Gold is a subsidiary of Zijin Mining Group, a global mining company based in China that is […]
VERSES® Closes Financing Arrangement with a Notional Value
VERSES AI Inc. has completed a non-brokered private placement, securing CAD$14,000,000 from Sorbie Bornholm LP through the issuance of 2,660,000 Units, each consisting of one subordinated voting share and half a warrant. The warrants allow for the purchase of additional shares at CAD$7.00 for 36 months. The first tranche of CAD$700,000 has been received, with […]
Gold Prices Climb as Vote to Avert US Government Shutdown Approaches
Stock image. Gold advanced more than 1% on Wednesday ahead of a key vote that could end the US government’s longest-ever shutdown, which would offer economic clarity and set the stage for the Federal Reserve’s next move. Spot gold rose 1.3% to $4,179.12 an ounce, its highest since the week of October 20, when it […]