Miner has spent $2 million to lock in the option to sell 120,000 ounces of future output at $1,320 an ounce, as it waits for Tanzania exports ban to end.
DRC stuns miners with immediate lifting of 10-year exemption for licensees, 50% tax on 'super-profits' and code permitting 5-fold increase in cobalt royalty.
Imagine that for every million people on Earth, there was a single dot on a map. What if we went back in time, watched dots accumulate over human history?
Egypt-focused gold miner is paying a final dividend of 10 US cents per share, or a total of $144 million, as it vowed to return all of its excess cash to investors.
Toro Gold became Africa’s newest gold producer last week after delivering first batch of bullion; firm is now weighing possibility of selling shares in 2018.