Pure Gold drills high-grade gold at three targets

The company recently closed a $175 million financing package that it will use on mine construction and start-up.

The idea is to speed up the exploration lifecycle and allow miners to analyse information at a much faster rate than before.

The experts from Curtin University say the mechanism promises to be crucial for the country's mining and petroleum sectors.

Since the end of 2017 the company has increased its reserves by 470% to 5.5 million oz. gold.

The two companies will form of a committee to explore Wolfden’s Pickett Mountain volcanogenic massive sulphide (VMS) deposit in Maine.

The company has poured its first dore bar from its Ity carbon-in-leach project four months earlier than planned and under budget.

A more dovish stance by the Fed, coupled with the ongoing trade talks between the US and China, could also contribute to a slowdown in US dollar appreciation, which could add to gold's momentum.

Going long gold in yuan terms and shorting global equities currently explains three-quarters of the hedge fund’s strategy.

This is the sixth round of sanctions since January by the U.S., which is seeking to wrest power and the military’s loyalty away from Maduro.