Jobs to go as Unity to close Henty Gold Mine

Frank Giustra aims for hat trick with Leagold Mining in Mexico. Bill Clinton pal sees ‘major’ gold producer within four years.

Better gold prices also helped the Azerbaijan-focused miner reduced its outstanding debts and boost profit.

Large scale futures speculators cut bullish bets on a rising silver price to a 16-month low while silver ETF investors gorge on metal at bargain prices.

Company said blockade was in response to a recently announced bonus offer in lieu of profit sharing.

Shares in gold producer Acacia Mining, one of the firms accused of eluding taxes, fell by more than 18% to 18% to 355.70 pence on the news.

Mothers will do everything to ensure a bright future for their children.

Ivanhoe Mines and Zijin each hold now an indirect 39.6% interest in the Kamoa-Kakula project, thought to be Africa's most significant deposit of the red metal ever found.

Modifications seek to simplify aspects of the project originally approved in 2010 in order to optimize mineral handling.

The workers’ contracts were terminated following a 2016 official order to halt all mining in Chiadzwa.