Endeavour Mining to replace Smurfit Kappa in FTSE 100 index

The UN Human Rights Council alleges that 12 deaths occurred during/resulting from operations by security forces assigned to the North Mara mine in Tanzania.

One drill hole cut 6.4 metres grading 9.46 grams gold per tonne from 506.2 metres depth.

The parties have agreed to mutually terminate their JV and transfer the legal title to the Douay and Joutel properties to Maple.

Australia said it would provide A$2 million ($1.33 million) to Papua New Guinea to restore road access to the Porgera gold mine.

The Kiniero gold project was acquired by Robex in 2022 as part of the business combination with Sycamore Mining.

Agnico is basing its underground plans on an indicated resource of 1.2 million oz. gold and an inferred resource of 7.1 million oz. gold in-situ.

The project is given an after-tax net present value of $778 million and an after-tax internal rate of return of 20.6%.

The company said the loan is "an important financial de-risking milestone" for delivering the Stage 3 and 4 expansions of the Kainantu gold mine.

C.D. Howe Institute warns that long timelines for major project approvals of up to 10 years scare away investors and delay projects.