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MTM to raise funds via private placement to support REE projects

MTM Critical Metals (MTM) is planning to raise a total of A$7m ($4.7m) through private placement and by issuing shares to its shareholders.

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Galiano Gold to acquire Ghanian gold mine stake for $170m

Galiano Gold has agreed to acquire its joint venture partner Gold Fields’ 45% stake in the Asanko gold mine in Ghana, for $170m.

Ghana generalRoman bodnarchuk shutterstockMatt badylakCompany profilesCompany profileGold fieldGaliano goldGold fieldsWest africaAsanko gold

Gold price hits six-month high

The gold price has hit a 6-month high due to a weaker dollar and investor suspicion that interest rate rises have peaked.

Roman bodnarchuk shutterstockKonstantinos venetisKyle roddaCompany profilePeople bankCompany profilesFederal reserveWorld gold council

Aurumin boosts Sandstone footprint in WA with new tenements

Aurumin, a gold exploration company, has been granted three additional tenements at its Sandstone gold project in Western Australia.

Western australiaMuriel chapmanBrad valiukasRoman bodnarchuk shutterstockCompany profileCompany profilesCentral sandstoneTroy resources databaseSandstone projectArchaean yilgarn

i-80 Gold signs term sheet to form JV for Nevada gold property

i-80 Gold has reached a term sheet agreement with an arm’s length third party, to form a potential JV for its Ruby Hill property in Nevada.

United statesEureka countyBattle mountainRuby hillSouth australiaRoman bodnarchuk shutterstockMatthew gollatCompany profileCompany profilesBattle mountain trend

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