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Africa
Gold gains while Palladium, platinum eye biggest weekly fall
Gold rose a percent to a one-week high yesterday, briefly breaching the pivotal $1,300-per-ounce ceiling, as weak U.S. payroll data dented the dollar and...
Botswana sees lower mineral revenues in 2019
Diamond rich Botswana expects mineral revenues in the 2019/20 fiscal year to drop by 4 percent to 13.6 billion pula ($1.26 billion) due to...
Eskom needs more bailouts
South Africa's struggling state power firm Eskom may need more bailouts from government to survive, after the country's energy regulator on Thursday granted it...
Gold steadies
Gold range-bound today as investors awaited the U.S. jobs report for further cues on the economy, after the European Central Bank’s (ECB) dovish policy...
Canadian juniors shifting focus to Africa, away from S. America
The State of Mining Finance 2019 report produced by the Prospectors & Developers Association of Canada (PDAC) and junior financing tracker Oreninc, shows Toronto's stock exchanges...
Glasenberg said to meet Tshisekedi after ties strained
Glencore Plc Chief Executive Officer Ivan Glasenberg met the Democratic Republic of Congo’s new president this week, their first encounter since Felix Tshisekedi took...
Platinum prices low: S.A output jump will push oversupply to 6-year high|
On Wednesday, platinum futures was in retreat again, sliding to $832 an ounce after a new study predicted the largest market surplus in at...
Barrick Gold sets conditions to negotiate with Newmont
Barrick Gold’s (TSX:ABX)(NYSE:GOLD) chief executive Mark Bristow said Monday he’s open to negotiate with rival Newmont about a deal to work together in Nevada,...
Newmont rejects $18B hostile bid by Barrick
Newmont Mining (NYSE:NEM) rejected Monday rival Barrick Gold’s (TSX:ABX)(NYSE:GOLD) all-stock $18 billion hostile takeover offer, but left the door slightly open by countering with the terms of...
Gold steady but held close to its lowest in 2wks
Gold steadied today, but held close to its lowest in two weeks, as the U.S. dollar recouped losses thanks to stronger-than-expected U.S. economic data.Spot...
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