Black market bullion is in the crosshairs of Bolivian lawmakers
Bolivian lawmakers are debating a bill that would allow the country’s central bank to boost its gold reserves via purchases from bullion produced in the country.
The miners signed a binding arrangement pursuant to which Titan will acquire all of the issued and outstanding Core Gold common shares by way of a share exchange.
Citigroup Inc. said it entered into a financing deal with Venezuela’s central bank in 2015 essentially using $1.6 billion of gold held at the Bank of England as collateral.
The company is close to making a decision on developing Mina do Barroso mine, which could become the first European supplier of spodumene, a lithium-bearing mineral.