Burkina Faso grants mining lease to Russia’s Nordgold
The move signals deepening economic ties between Russia and Burkina Faso, as the junta that seized power in 2022 continues its pivot away from traditional Western allies.
Gold suffered its biggest loss in more than two weeks on Thursday after hotter-than-expected US inflation data set the stage for more aggressive interest rate hikes by the Federal Reserve. Spot gold tumbled 1.6% to $1,646.10 per ounce by 11:00...
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