Issue #1
Gold crosses $3,000/oz for the first time. Ivanhoe raises $500M. DMRE fast-track desk goes live.
Gold crossed the $3,000 per troy ounce threshold this week — a milestone that would have seemed remote just two years ago. The move reflects persistent central bank buying, dollar debasement concerns, and structurally elevated geopolitical risk.
Ivanhoe Mines closed a $500 million bought deal to accelerate the Platreef Phase 2 concentrator, which will take ore processing capacity to 4 Mtpa at the world-class Waterberg PGM deposit.
The Department of Mineral Resources and Energy launched its dedicated fast-track licensing desk this week, targeting 90-day turnaround on prospecting rights for junior miners.
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