Greenland grants Bluejay exploitation license

Escalating production from both the OPEC and other global players, including Russia, Brazil and Kazakhstan, could lead to relentless supply growth, the IEA said.

The world's fifth largest gold miner increased production, had stronger cash flows and paid shareholders a dividend in the first quarter of its 2017 financial year.

Police are on the scene to maintain order, the firm said, adding that efforts continue to resolve the situation peacefully through talks.

Amendments aim at streamlining inter-departmental processes and addressing the discretionary nature of certain ministerial powers.

He has promised to ease regulations on the coal and oil sectors, and pull the US from global agreements aimed to curb climate change.

While gold is giving back some of its largest gains following Trump's win in the US Presidential election, miners of the precious metals continue to climb.

Output of the precious metal in the three months to Sep. 30 increased 20% to 3.1 million ounces — a new quarterly record.

Alan Davies suspended after miner found payments made to consultant in 2011, when he was in charge of the iron ore project.

Leston Lawrence, 35, stole 22 gold pucks by carrying them in his rectum to evade metal detectors.