Illegal mining, drugs fund thousands of criminals operating in Venezuela

U.S. gold futures fell over 1 percent to $1,212.20 per ounce.

South Deep has faced numerous operational obstacles below the surface and is undergoing restructuring that would cut around about 1,100 jobs.

The company is investing more than $120 million, which is a first in the history of the South American country.

The company says is has completed due diligence on the acquisition of the properties.

The company achieved solid production and generated a positive cash flow.

The company mined at an average grade of 2.6 grams gold per tonne in the quarter.

Drilling is set to resume at Florida Mountain in the first half of 2019 and is fully funded.

From now on, Aston Bay will own exclusive rights to the copper-lead-zinc-gold-silver Blue Ridge Project.

Acacia has three operating mines in Tanzania and is engaged in a protracted and ugly disagreement over taxation with the government.