Zijin urges Colombia to protect gold mine after attack

The company regards the Bonita zone as a "very high-priority drill target" that it plans to follow up on during the South American spring season.

Experts from the World Bank finally admitted that the risk of stagflation is getting bigger and more real.

Meanwhile, US Treasury yields rose and the dollar firmed, both dimming the appeal of gold.

Gold saw a 34% surge in demand in the first quarter compared with the same period of 2021.

Anticipated changes in the international monetary system and concerns over rising economic risks in reserve currency economies are also major factors.

Its consolidated land position at the Koné gold project will increase to over 2,250 square kms.

Erdenes Oyu Tolgoi, the Mongolian state-owned firm, also wants Rio to grant more power to local management.

Most of the deposits were discovered in Karamoja, a parched sprawling area in the country's northeastern corner on the border with Kenya.

Ghana's central bank is seeking to raise the gold component of its reserves in a bid to strengthen the West African country's local cedi currency.