agm

Aurora Gold Mine workers briefly halt work, seek 10% wage hike

📌 Workers at Aurora Gold Mines (AGM) in Guyana’s Cuyuni‑Mazaruni region downed tools over wage stagnation and working conditions, demanding a 10 % pay rise.

📌 The work stoppage was brief and operations have resumed, with management and union representatives agreeing to continue formal negotiations.

📌 The mine is Guyana’s only large‑scale gold operation and a key contributor to local output and revenue.

Labour unrest highlights underlying tensions in major mining operations, especially around compensation and working conditions, even amid strong sector demand and high gold prices.

#AuroraGold #AGM #GoldMining #MiningIndustry #Guyana $PAXG $XAU

Evening News Update #Web3

🏛️ Crypto hedge fund Acheron Trading obtains EU MiCA license from Netherlands AFM. Fund has invested in AscendEX, Zignaly, LiquidFactory, GAM3S.GG and other crypto projects.

⚖️ France charges 25 people (including 6 minors) in crypto kidnapping cases targeting industry figures and families. Suspects aged 16-23 face multiple charges; 18 in pre-trial detention, 4 under judicial supervision.

📊 Nasdaq-listed #AGM Group announces 50-for-1 reverse stock split effective June 3. Class A shares reduce from 98.7M to ~1.97M shares, Class B from 2.1M to ~42K shares, both at $0.05 value.

🏦 #Panama City Mayor announces Caja de Ahorros (country's 2nd largest bank) launching #Bitcoin savings accounts at Bitcoin 2025 Conference. Initiative aims to simplify customer Bitcoin experience through custodial services.

🔍 @ZachXBT notes Ross #Ulbricht's 300 $BTC donation appears from Jambler (centralized mixer), unlike privacy enthusiasts who typically use decentralized mixers like @wasabi_protocol or @SamouraiWallet.