The join venture entered into an agreement with Florida International University to further advance a research program.

Contract awarded to Orkun Group Sarl, could ease project funding pressure on the junior.

Says columnist Andy Home.

North Mara, the company's largest mine, has not been affected by an export ban because it produces gold doré bars rather than ore concentrate.

The International Monetary Fund's executive board approved a bailout worth nearly $449 million for OPEC member Congo Republic on Thursday.

Tin prices on the London Metal Exchange at around $18,000 a tonne are down 15% since hitting one-year highs at $21,800 a tonne in February.

Price momentum and structural economic reforms in India and China will also be key demand drivers.

The company's gold production fell to 34,338 ounces in the three months to June 30 from 45,098 ounces in the previous quarter, equivalent to a 43% drop from Q2 2018.