Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Russia-focused Ovoca Gold (LON:OVG) has received a key permit which allows the group to apply for a mining licence on the presently drilled reserves of the Olcha deposit – part of the Rassoshinskaya licence.
The Russian State regulatory body concerning the certification of state resources has granted to the company a Certificate of Discovery regarding Olcha, the company announced.
With this certificate in hand, Ovoca’s Russian subsidiary ZAO Bulun can apply for a mining permit on the presently drilled reserves.
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