It's getting around: China is acquiring much more gold than it reports
Submitted by admin on Tue, 2025-11-25 18:29 Section: Daily DispatchesChina's Secret Gold Purchases Boost Price by 40%
By Inma Bonet and Guillermo Abril
El Pais, Madrid
Monday, November 24, 2025
The price of gold is hitting record highs, and according to market experts, China is one of the main unseen players behind this unstoppable surge -- for some, the most prominent.
Gold increasingly is becoming money in India, or at least collateral
Submitted by admin on Tue, 2025-11-25 09:45 Section: Daily DispatchesGold Loan Boom: 3,000 New Branches to Open in India in 12 Months
By Atmadip Ray
The Times of India, Mumbai
Tuesday, November 25, 2025
KOLKATA -- India's gold loan market is set for a big boost with non-bank lenders planning to add about 3,000 branches in the next 12 months or so exclusively for lending against jewelery.
The market, dominated by state-owned banks, swelled 36% year-on-year to Rs 14.5 lakh crore at the end of September.
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Barrick will pay Mali $430 million to settle gold mine dispute
Submitted by admin on Tue, 2025-11-25 09:09 Section: Daily DispatchesBy Katarina Hoije and William Clowes
Bloomberg News
Tuesday, November 25, 2025
Barrick Mining Corp. has agreed to a 244 billion CFA francs ($430 million) settlement with Mali, as part of a deal to end a two-year dispute that shuttered one of the company's most important gold operations, according to people familiar with the matter.
Barrick and Mali settle gold mine dispute
Submitted by admin on Mon, 2025-11-24 14:47 Section: Daily DispatchesBy Divya Rajagopal and Portia Crowe
Reuters
Monday, November 24, 2025
Barrick Mining said today it had reached an agreement with Mali's government to resolve all their disputes over the Loulo-Gounkoto gold mining complex after two years, sending shares in the Toronto-listed company to a record high.
Reuters reported on Friday that Barrick and Mali had in principle agreed to resolve the dispute.
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From gold giant to boardroom bust: Barrick weighs breakup
Submitted by admin on Sun, 2025-11-23 09:52 Section: Daily DispatchesBy Leslie Hook, Alan Livsey, and Humza Jilani
Financial Times, London
Sunday, November 23, 2025
When John Thornton and Mark Bristow sealed the merger of Barrick Gold and Randgold Resources in 2018, creating then the world’s biggest gold miner, it was seen as one of the smartest deals in the sector.
Nearly seven years later, after a series of mis-steps at Barrick, the $64 billion company is under mounting pressure to restructure or split up, in effect unwinding the deal.
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Barrick Mining and Mali agree in principle to resolve dispute over gold mine
Submitted by admin on Sat, 2025-11-22 10:04 Section: Daily DispatchesBy Divya Rajagopal and Portia Crowe
Reuters
Friday, November 21, 2025
Barrick Mining and Mali's government have reached an oral agreement in principle to resolve their dispute over the Loulo-Gounkoto gold mining complex, two sources familiar with the situation told Reuters today.
No agreement has yet been signed, the sources said.
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