A potential combination would give Genesis control of St Barbara's prized Gwalia gold mine in Leonora.

India has raised its basic import duty on gold to 12.5% from 7.5% as the world's second biggest consumer of the precious metal tries to dampen demand and bring down the trade deficit.

Montagne d'Or is an open-pit gold development project with potential to increase its reserves through infill and expansion drilling.

Gold has held up well relative to silver and platinum.

Russia is the second largest gold mining country in the world, and its gold exports were estimated to be worth £12.6 billion in 2021.

The group plans to pay 1.8 billion yuan ($269 million) for a 71% stake in a company mining for lithium in Hunan province.

The Mankono JV consists of three properties contiguous to the company's flagship Koné gold project.