"The measures we have announced today will directly hit Russian oligarchs and strike at the heart of Putin's war machine," Boris Johnson said.

US President Joe Biden and fellow Group of Seven leaders are expected to announce a ban on new gold imports from Russia.

While Fenix meets the environmental regulations and requirements, it didn’t provide enough information on how it aims to eliminate the “adverse impacts” that the project will have on the area’s wildlife species.

A monster US dollar rally driven by an extreme hawkish Fed pivot unleashed big gold-futures selling in recent months.

Between 2022 and 2026, the Anglo-American miner's local unit will help the east Asian country tackle its national climate change commitments.

The gold arrived from the UK, but had a Russian so-called designation of origin, customs said in a statement Friday.

"There are a confluence of forces that are driving gold prices in both directions, forcing it to remain in a small range," one analyst said.

More than 60% of ancestral Shuar territory, spread over 568,000 acres, is covered by mining concessions.