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Gold price rises after US captures Venezuela’s Maduro

Precious metal prices and shares in defence stocks have risen after the US capture of Venezuelan President Nicolás Maduro increased investors' concerns about geopolitical risks. Gold was about 2.4% higher at $4,433 (£3,293) an ounce, while the price of silver was up by 4.9%, as money was moved into so-called "safe-haven" assets. Defence stocks across …

GEF approves US$32m project to cut mercury pollution in Liberia’s gold mining sector

The Global Environment Facility (GEF) has approved a major environmental and mining reform project aimed at significantly reducing mercury pollution from artisanal and small-scale gold mining (ASGM) in Liberia. The project, developed by Liberia’s Environmental Protection Agency (EPA) with support from the African Development Bank Group, will receive $7.67 million in GEF financing, alongside $24.57 …