Fronteer Gold acquired by Newmont Mining in a $2.3 billion deal

Gold is the main export of the West African country.

Gold is a mainstay of the Ghanaian economy, accounting for nearly half of exports in 2023.

Massive recent buying not only catapulted gold deep into extremely-overbought territory, it exhausted gold-futures speculators’ likely capital firepower for buying.

New Polaris is a past-producing, high-grade gold project for which the company is working towards environmental permitting and a feasibility study.