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Search results: China
Oil slips as demand decline
Crude prices extended declines yesterday, dropping below $60 for the first time in nearly three months as the death toll from China’s coronavirus rose and more businesses were forced to shut down, stoking expectations of slowing...
Gold prices rise
Gold prices rose to their highest in more than two weeks yesterday as equities slipped on growing concerns that a China virus outbreak could impact that nation’s economy, prompting investors to drop riskier assets and look...
Gold drops
Gold edged down on Friday as the dollar rose and appetite for riskier assets improved after the World Health Organisation tempered fears of a global coronavirus outbreak.Spot gold was 0,1 percent lower at $1 561,18 per...
What is artisanal gold, why is it booming?
A rapid rise in the price of gold since 2000 has driven millions of people to deposits in Africa, South America and elsewhere where they dig for gold using basic technology.Such informal digging — known as...
Gold price edges lower
Gold prices edged lower yesterday, consolidating near the $1,550 level, ahead of a policy decision by the European Central Bank, although mounting concerns over a virus outbreak in China limited losses.The euro zone’s central bank will...
Oil slides
Oil prices fell more than 2 percent on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries outweighed concern over disruptions to Libya’s crude output.Brent crude was down $1,39, or...
Gold price rises
Gold prices rose to a two-week high yesterday as the spread of a new virus in China stoked fears of a wider epidemic, sparking a sudden bout of risk aversion and sell-off in Asian stocks.Spot gold...
Mines Ministry officials to blame for illegal mining – Charumbira
The National Council of Chiefs President Chief Fortune Charumbira has blamed the chaotic situation in the artisanal mining sector on some officials in the Ministry of Mines and Mining Development, who corruptly facilitate the haphazard issuance...
BNC Bets On New Shareholders
Listed mining concern, Bindura Nickel Corporation (BNC), is banking on new shareholders to complete all current projects and turn around the company’s fortunes.The development comes after Asa Resources concluded the sale of its controlling interest in...
oil prices rise
Oil prices rose yesterday, buoyed by a potential breakthrough in the Sino – US trade war and OPEC-led efforts to constrain supply, although trading was quiet as many markets were in holiday mode.Brent crude was up...
Top ten gold producers in the world
These are the top gold producers in the world.
1. China
Mine production: 400 MTOnce again, China was the largest producer of gold in the world, mining 400 metric tons (MT) in 2018. The country has now held...



