Financial Times: Tether in talks to invest in gold mining

Tether is in talks to invest in the gold mining industry. The company plans to invest across the gold supply chain, including mining, refining, trading, and royalty companies. Sources familiar with the matter said Tether has held discussions with several gold royalty companies that invest in mines in exchange for a percentage of future revenue. Tether is considering further royalty deals, including a continued investment in Elemental Altus. Tether also held discussions with Terranova Resources, a gold mining investment firm based in the British Virgin Islands, but no deal was reached.