NEWS
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...
Palladium gaining ground
For the first time in more than a decade, palladium is rivalling gold in value.At its current spot price of just over US$1 300/oz,...
RBZ bends on 30-day retention period
The Reserve Bank of Zimbabwe will allow exporters to keep part of their export proceeds before compulsory conversion to local currency for periods longer...
Rio Tinto partying like its Christmas
Rio Tinto’s (ASX, LON:RIO) investors will be celebrating Christmas in February, as the miner is giving them a $4 billion special dividend, or $2.43...
Barrick, Newmont step up game to sway top investors
Canada’s Barrick Gold (TSX:ABX)(NYSE:GOLD) and U.S. rival Newmont Mining (NYSE:NEM) are working hard on persuading their respective top investors that are merger of the companies...
RBZ calls on miners to increase production
The Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya, has called on miners to ramp up production to compensate for potential declines in mineral...
Gold near two weeks lows as dollar rebounds
Gold prices today held near two-week lows touched in the previous session as the dollar rebounded after cautious comments from U.S. Trade Representative Robert...
skom’s Molefe ‘stonewalled’ Glencore South Africa, ex-CEO Says
South Africa’s state-owned power utility refused to renegotiate a coal deal with a mine owned by Glencore Plc’s local unit and tried to penalize...
SA platinum producers asked court to block strike
South African platinum producers, the world’s biggest miners of the metal, have asked a court to block a planned strike by one of the...
Tonnes of gold lost through illegal market
ZIMBABWE is producing close to 100 tonnes of gold, but the bulk of that is being lost to the black market as small-scale miners,...
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