Meroe Gold is a firm the US Treasury says has ties to the Wagner Group, which it describes as a mercenary company.

The mineral potential of the northern reaches of Canada, the US, and Europe remains largely untapped.

Gold investment demand is surging as traders increasingly comprehend this leading alternative asset’s amazing fundamental backdrop.

Under the agreement, Trafigura will be paid $225.6 million by nickel and goldmining subsidiaries of state-run Kuvimba Mining.

Also lifting the safe-haven metal's appeal, data showed the US economy unexpectedly contracted in the first quarter.

Sales slumped 18% from a year earlier and imports plummeted by more than half in the January-to-March period as prices surged.

Glencore Plc is the latest giant miner to pare back production forecasts, in what’s turning out to be a difficult start to the year for companies.