South Africa’s consistently advancing mining investment company Menar has signed a memorandum of agreement with the government of Gabon. “We think that Gabon is one of the promising countries when it comes to investments in mining, especially manganese and iron-ore,” Menar MD Vuslat Bayoglu highlighted during a Zoom interview with Mining Weekly. (Also watch attached Creamer Media video.)
Gold is within striking distance of a new record high as the market bets the first US interest-rate cut since early 2020 is near. The precious metal briefly rose above $2 100/oz Monday, the highest price since the all-time record of $2 135.39/oz recorded in early December.
In this article, World Gold Council (WGC) CFO Terry Heymann argues that the disclosure of a miner’s refining partners will support recognition of a trusted eco-system that will grow over time and make it harder for bad actors to access the formal gold market.
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