The mid-tier and junior gold-miners’ stocks in their sector’s sweet spot for upside potential have been clubbed like baby seals since mid-April.

La Plata has previously been identified by Ecuador President Guillermo Lasso as a "strategic project".

According to Barrick, the sustainability-linked metrics incorporated into the revolving credit facility are made up of annual environmental and social performance targets directly influenced by its actions.

The Kerimov family gave a 46.35% stake in Polyus to the Fund for Support of Islamic Foundations in Russia.

The Bank of England’s vaults contain 5,676 tonnes of bullion, one of the largest stockpiles in the world.

The recent retreat in gold prices has helped its appeal among investors as they continue to seek safety from riskier assets, an analyst said.