Gold stocks surging back The gold miners’ stocks are surging back, amplifying their metal’s gains in a strong mean-reversion rally. Adam Hamilton - Zeal Intelligence | December 9, 2022 | 10:47 am
Turquoise Hill shareholders approve Rio Tinto’s $3.3bn buyout bid The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government. Reuters | December 9, 2022 | 10:19 am
Deutsche Bank seeks to re-join key gold trading club in London Re-joining the LBMA doesn’t signal a change in strategy, but it may help Deutsche Bank expand its precious-metals business. Bloomberg News | December 9, 2022 | 9:32 am
World Gold Council sees positive 2023 outlook for gold amidst global uncertainty Despite an “unusually high level of uncertainty” surrounding consensus expectations for 2023, on balance, a “mixed set of influences implies a stable but positive performance for gold,” the WGC says. Staff Writer | December 9, 2022 | 8:13 am
Pakistan closer to letting Barrick Gold proceed with $7bn project The copper-gold mine would be one of the largest foreign investments in Pakistan and one of Barrick’s key projects for this decade. Cecilia Jamasmie | December 9, 2022 | 5:19 am
Cordoba sells 50% stake in Colombian project to China’s JCHX for $100m The Alacran project is positioned to be the largest copper mine in Colombia in the near future. Staff Writer | December 8, 2022 | 10:23 am
Ascot drills 488 g/t Au at Big Missouri deposit, its best gold intercept since 2017 These results give the company confidence that "there is more gold to be discovered outside the existing resource model at Big Missouri.” Staff Writer | December 8, 2022 | 9:28 am
Colombia to create national mining company, 2022 royalties soar The Ministry of Mines and Energy could sign a memorandum of understanding with the SAE as soon as Monday. Reuters | December 7, 2022 | 12:30 pm
Equinox Gold sells $51 million stake in Solaris Resources, stock rises Equinox has seven operating gold mines in the US, Mexico and Brazil and a multi-million ounce growth project in Ontario, Canada. Staff Writer | December 7, 2022 | 12:16 pm