Activist fund Elliott calls for sale of Australia's largest gold miner
Submitted by admin on Mon, 2026-06-01 23:41 Section: Daily DispatchesBy Nic Fildes
Financial Times, London
Tuesday, June 2, 2026
SYDNEY -- U.S. activist hedge fund Elliott Management has called for Australia's largest gold miner to put itself up for sale after building a significant stake in the underperforming company in recent months.
The value of Northern Star Resources, which owns the giant Fimiston "super pit" gold mine in Kalgoorlie, Western Australia, has collapsed this year after operational issues triggered multiple profit warnings and production downgrades.
... Dispatch continues below ...
Sound Money Defense League applauds Trump's new call for gold audit, urges action on transparency act
Submitted by admin on Sun, 2026-05-31 14:09 Section: Daily DispatchesFrom the Sound Money Defense League
Eagle, Idaho
Sunday, May 31, 2026
Following President Donald Trump’s Truth Social post declaring "Time to Audit Fort Knox," the Sound Money Defense League today urged Congress to take immediate action on the Gold Reserve Transparency Act, which is pending in both the U.S. House and Senate.
... Dispatch continues below ...
... ADVERTISEMENT ...
Ultra-Secure Swiss Vault Storage from Tara Gold and Silver Ltd.
Trump renews call for audit of Fort Knox after $40 million gold arrest
Submitted by admin on Sun, 2026-05-31 10:14 Section: Daily DispatchesBy Mehab Qureshi
The Street, New York
Sunday, May 31, 2026
President Donald Trump wants someone to go count the gold at Fort Knox.
Today Trump posted an image to Truth Social reading "Time to Physically Audit Fort Knox."
It was attached to a New York Post story headlined "Former CIA official arrested after feds find $40M worth of gold bars stashed at his home." The post drew more than 10,000 likes.
... Dispatch continues below ...
... ADVERTISEMENT ...
China's Zijin faces delays to its $4 billion swoop for Allied Gold
Submitted by admin on Fri, 2026-05-29 14:23 Section: Daily DispatchesBy Leslie Hook
Financial Times, London
Friday, May 29, 2026
Hong Kong-listed Zijin Gold International's $4 billion takeover of Canada's Allied Gold is facing delays because of opposition from regulators in Beijing, threatening the Chinese group's first major deal since its initial public offering.
... Dispatch continues below ...
... ADVERTISEMENT ...
Are you ready to safeguard your assets using precious metals?
Alasdair Macleod: Open interest collapses in Comex gold and silver
Submitted by admin on Fri, 2026-05-29 13:18 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, May 29, 2026
As China buys up the bullion, the relevance of paper markets on Comex (and in London) is shrinking. Liquidity and relevance of paper gold and silver relative to bullion are diminishing.
Goldman says dollar surge during Iran war weighed on demand for Treasuries
Submitted by admin on Wed, 2026-05-27 17:07 Section: Daily DispatchesEverybody's intervening surreptitiously in the currency markets but would never intervene in gold, would they?
* * *
By Anya Andrianova
Bloomberg News
Wednesday, May 27, 2026
A stronger dollar during the first month of the U.S.-Iran conflict spurred foreign official institutions to sell Treasuries, according to Goldman Sachs.
