AGP Executive Report
Last update: 10 hours agoGold Legal Fight: The London Bullion Market Association will defend itself in London’s High Court from Oct. 7 over a lawsuit by Tanzanian miners’ families alleging LBMA certification helped enable abuses at the North Mara gold mine. Environmental Enforcement: The Philippines’ DENR has ordered urgent remediation of disturbed areas at Altai Philippines Mining Corp.’s Sibuyan Island site after inspections and community consultations. Project Milestones: Côte d’Ivoire’s Montage Gold hit first gold pour at its Koné mine, on budget and ahead of schedule, with an oxide circuit already processing ore. Exploration Push: Coeur Mining says it’s stepping up exploration at the Rainy River gold mine in Ontario, targeting potential near-surface and underground growth. Corporate Development: Troilus Mining secured credit-approved debt underwriting commitments totaling US$850m for its Troilus gold-copper project in Québec. Market Watch: Spot gold slid about 3% to a seven-week low near $4,147 as oil and U.S. Treasury yields rose, pressuring mining shares.
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