Covid-19 symptoms are spreading rapidly in China after authorities began dismantling stringent measures against the disease.

The new company, called Hoover House, will target production of more than 300,000 ounces (koz) of gold per annum.

Tharisa had planned to raise $50 million to partly fund the building of its 70%-owned Karo platinum mine in Zimbabwe.

Over the past year, relentlessly rising interest rates (because of the global fight on inflation), are putting pressure on borrowers, who are reportedly deeper in the red than ever before.

The gold miners’ stocks are surging back, amplifying their metal’s gains in a strong mean-reversion rally.

The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government.

Re-joining the LBMA doesn’t signal a change in strategy, but it may help Deutsche Bank expand its precious-metals business.