Newmont increases attributable gold reserves by 400,000 ozs to 99.2m ozs

The new plant is expected to boost production to more than 170,000 oz. gold per year.

B2Gold was one of the first companies to negotiate a settlement with Mali over its new code.

The company has been awarded the Johan Dahl land licence, covering 666.5 km² of the South Greenland copper belt.

The precious metal traded as high as $2,762 an ounce on Wednesday.