Saudi Arabia courts Australian miners for $170 billion plan

Crescat Capital increased its interest to 12.7%.

The company owns the former Pahtavaara gold mine and mill which produced 450,000 oz gold.

Nighthawk has completed 18,200 metres of this year’s 41,420-metre phase 1 drill program at Indin Lake.

While gold is pretty bullish, US Treasury Secretary Janet Yellen’s comments are keeping a lid on prices, analyst says.

Company said it would target at least $500 million in shareholder returns through to 2023 with a progressive dividend policy ahead of a LSE listing expected next week.

Gold and Bitcoin are battling it out for the coveted role as the ultimate store of value.

Mining, mostly for gold, is a pillar of Mali's economy, accounting for almost 10% of GDP last year.

Recently reported Q1 results revealed strong fundamentals, fully justifying better stock prices.

Inbound purchases slumped to 11.3 tonnes last month from 70.3 tonnes in April.