Abandoned Minto mine in Yukon officially put up for sale

The gold market continues to experience tightness due to difficulties expanding existing deposits, and a pronounced lack of large discoveries in recent years.

Ghana, Africa’s second-largest gold producer, last week ordered large mining companies to sell 20% of the metal they refine to the central bank.

Russian billionaire Suleiman Kerimov and his family, which until earlier this year held a majority stake in Polyus, are set to face a fresh probe in France.

Investor focus will be on Fed Chair Jerome Powell’s speech at a Brookings Institution event on Wednesday.

Drill hole JT22-152 returned 120.5 metres at 18.76 g/t gold, 0.55% copper, 3.86% zinc, 0.93% lead and 6 g/t silver (for 22.1 g/t AuEq).

Company is in “full throttle” for new metals and renewable assets as the Indonesian company aims to cut its reliance on coal to half the total income by 2030.

Mali is one of Africa's top gold producers with industrial production reaching 63.4 tonnes in 2021.

The acquired portfolio includes one producing gold royalty on First Majestic’s La Encantada gold operation, four development silver royalties and three advanced exploration silver royalties.

The company’s 100%-owned Rupert Lapland project includes its flagship Ikkari gold discovery and Pahtavaara mine and mill located in northern Finland.