ASX-listed Tartana Minerals has launched a wide-ranging corporate and strategic review covering operations, financial position, corporate governance and its tenement portfolio, following an extraordinary general meeting in August.
US-based gold and silver company Hycroft Mining Holding Corporation has strengthened its board with the appointment of former Newmont Mining Corporation CEO and CFO Richard O'Brien, former Newmont Mining Corporation general counsel and senior VP Blake Rhodes, former AngloGold Ashanti CTO Marcelo Godoy and former Freeport McMoRan Americas president Josh Olmsted to its board of directors, with effect from September 1.
The Morocco Ministry of Energy and Mines has renewed London-listed Talisman Metals' Fougnar licences – two exploration licences that make up the company's Fougnar project.
Federal Reserve Chair Kevin Warsh’s renewed focus on inflation has injected fresh volatility into precious metals, with gold prices dropping below $4,500 and silver testing support near $66 an ounce, but one market analyst says the hawkish shift in monetary policy expectations does not necessarily spell the end of the broader bull market in gold and silver.
Gold and silver ETFs have risen well off last month’s lows, and while investor sentiment has yet to match the recent price action, the Iran conflict, sticky inflation and U.S. debt concerns will likely drive investors back to bullion, according to precious metals analysts at Heraeus.
Swedish miner Boliden said on Thursday it had agreed to acquire all of Brazilian group Votorantim's shares in zinc and silver producer Nexa Resources, giving it a 64.68% stake, and will bid for the rest of the company.
Relatively steady economic data is prompting some investors to take profits in gold and silver as the Federal Reserve remains on track to raise interest rates to bring inflationary pressures under control.
NYSE-listed specialised metals recycler Comstock has closed the sale of all its mining assets in the historic Comstock Lode district of Nevada to TSX-V-listed Mackay Gold & Silver Corporation subsidiary Mackay Precious Metals for $45-million.
TSX-listed Bunker Hill Mining Corporation has entered into a definitive arrangement agreement to acquire all of the issued and outstanding common shares of TSX-V-listed Silver47 Exploration Corporation.
Coinbase, the second-largest cryptocurrency exchange by daily trading volumes and the largest in the United States, has launched gold and silver perpetual futures for eligible non‑U.S. traders, bringing two of the world’s most established store‑of‑value assets into the crypto derivatives ecosystem.
