Mali and Barrick reset ties over $900 million gold asset with 10-year deal
Submitted by admin on Mon, 2026-02-16 19:39 Section: Daily DispatchesBy Segun Adeyemi
Business Insider Africa, New York
Monday, February 16, 2026
Mali's military-led government has approved a draft decree extending the operating permit for Barrick Mining's Loulo-Gounkoto gold complex by a further 10 years, marking a decisive end to a prolonged dispute that unsettled one of Africa's most important gold assets.
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GATA would have been grateful for this guy's support, or Ray Dalio's, or Stanley Druckenmiller's
Submitted by admin on Mon, 2026-02-16 19:27 Section: Daily DispatchesInvesting Legend David Einhorn Says Gold Is Replacing U.S. Treasurys as a Global Reserve Asset
By Jennifer Sor
Business Insider, New York
Thursday, February 12, 2026
Billionaire David Einhorn thinks gold is well on its way to becoming the world's ultimate reserve asset.
Man in Italy accidentally trashes 20 gold bars worth $140,000
Submitted by admin on Mon, 2026-02-16 14:18 Section: Daily DispatchesThanks to heroic police and sanitation workers, he got them back. But now everybody knows where they are.
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By Gabrielle Rockson
People Magazine, New York
Monday, February 16, 2026
A man in Italy accidentally threw 20 bars of gold into the garbage.
On Thursday, Feb, 12, the police revealed that a 57-year-old man in southern Italy took out his trash without realizing that his gold, worth around 120,000 euros ($142,000), was inside, according to Corriere della Sera, Reuters, and Italien News.
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Soaring gold price forces vaults to reduce insurance cover
Submitted by admin on Mon, 2026-02-16 11:04 Section: Daily DispatchesBy Lee Harris
Financial Times, London
Monday, February 16, 2026
Soaring gold prices are prompting some vault operators to leave larger values of bullion uninsured, as their holdings approach the limits of available cover, insurance brokers have told the Financial Times.
Barry Vickery from broker Howden said that although cover for a single storage location had risen from an average $3 billion maximum a few years ago to as much as $5 billion, the historic gold rally was changing industry behaviour.
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BIS gold swaps nearly doubled in January amid growing turmoil in market
Submitted by admin on Sun, 2026-02-15 11:40 Section: Daily Dispatches11:49a ET Sunday, February 15, 2026
Dear Friend of GATA and Gold:
After a year of remaining steady at a low level, the gold swaps undertaken by the Bank for International Settlements nearly doubled in January amid growing turmoil in the gold market, from 56 tonnes in December to 106 tonnes, according to GATA's consultant on the BIS, Robert Lambourne.
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Why Chinese families are doubling down on precious metals
Submitted by admin on Sat, 2026-02-14 20:51 Section: Daily DispatchesBy He Huifeng
South China Morning Post, Hong Kong
Saturday, February 14, 2026
People across China are buying up gold in large volumes ahead of the Lunar New Year holiday, as surging prices for the precious metal fuel its popularity as both a festive gift and an investment.
