Zimbabwe’s digital currency plan needs $100 million of gold Zimbabwe has been struggling to stem a decline in the currency in the nation where the US dollar is the unit of choice. Bloomberg News | April 24, 2023 | 10:17 am
Zimbabwe to introduce gold-backed digital currency Zimbabwe will soon introduce a gold-backed digital currency meant to stabilize the local unit from its continued depreciation against the dollar. Bloomberg News | April 23, 2023 | 9:12 am
Asante Gold shuns ‘highly conditional’ takeover proposal from shareholder Fujairah The company said the proposal "fails to address Asante's near-term financing requirements." Staff Writer | April 21, 2023 | 9:13 am
Mexico’s lawmakers approve overhaul of mining industry The reforms would require miners to give back at least 10% of profits to communities and disclose the impacts of their operations. Reuters | April 21, 2023 | 7:20 am
Gold heist at Toronto airport is probed by police Canada’s national police force is investigating a heist at the country’s busiest airport that may have netted thieves as much as $15m in gold and other valuables. Bloomberg News | April 20, 2023 | 6:08 pm
Gold price above $2,000 on softer US economic data "For gold to make that run back to record highs, you need the June rate hike completely off the table," analyst says. Staff Writer | April 20, 2023 | 9:10 am
Hochschild reports 35% fall in annual profit The London-listed company reported an adjusted core profit of $249.6 million as compared to $382.8 million it reported last year. Reuters | April 20, 2023 | 7:59 am
Tailings dams affect diversity of upstream fish species – study Brazilian researchers found that streams flowing into tailings storage dams had fewer catfish species. Staff Writer | April 20, 2023 | 6:12 am
Probe’s assays hike resource outlook at Novador gold project in Quebec More than 100 of the holes cut grades above the 0.4-gram-gold-per-tonne cutoff. Colin McClelland | April 19, 2023 | 12:29 pm