Lundin backs Filo del Sol project in Argentina by joining $75m placement

Company said the wage deal would be effective from July 1 and the restart would be phased over three months.

Two South African trade unions have signed a three-year wage agreement with miner Sibanye Stillwater.

The company will begin water quality improvements in the historical Stibnite mining district this summer.

In recent years the uptick in the price of precious metals has reinforced their reputation as a store of value and leading drivers of mining activity around the world.

The combined company would have a strategic landholding of more than 510 km2 across major gold districts in central Québec.

Gold investment demand should be soaring with serious inflation raging, catapulting gold way higher.

Chad’s looking to reassert control over its gold reserves, a longtime source of conflict and smuggling, following an upsurge of deadly clashes in mining regions.

While the market reaction to the deal has been mostly negative, some analysts believe Gold Fields could benefit from expanding its size and geographical diversification.

The rise in wildcat mining has seen Bolivia, a country of some 12 million people, become the world's top importer of mercury since 2019.