Metalla adds Barrick’s Lama project to royalty portfolio

In Ghana, that could potentially involve working in future with rival AngloGold Ashanti to lower costs and improve productivity.

The Gibellini vanadium project, in Nevada, the Manitoba-based Minago nickel project and certain battery metals royalties will be stand-alone companies.

The chief assets of the new company include Arizona’s Copperstone gold mine project in Arizona.

The property hosts 11 historical mineral occurrences, including eight gold showings.

Demand for physical bullion in Germany was the highest since at least 2009 in the first half.

The government seized control of Kyrgyzstan's largest foreign investment project in May in a move challenged by Centerra Gold through international arbitration.

The company also announced a dividend of 292 cents per share.

The company plans to acquire two additional exploration properties near its True North gold mine and mill.

The dollar steadied off a one-week low, limiting appetite for bullion from those holding other currencies.