Search results: China

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 stance spurred the dollar against the euro, while the metal was on...

ZIMBABWE has the second worst attractive mining policies in Africa, ranking better than the Democratic Republic of Congo (DRC), a new report has shown.According to Canada-based Fraser Institute’s 2018 edition of the annual survey of mining...

THE Environmental Management Agency (EMA) has ordered an Umguza-based Chinese brickmaking company to stop operations pending processing of its Environmental Impact Assessment (EIA) certificate.Homestead Clay, also known as Zimbabwe and China Biocheng Brick Company, has been...

Gold steadies today, but hovering near a five-week low touched in the previous session, as rising U.S. Treasury yields boosted the dollar.Spot gold crept up 0.2 percent to $1,288.87 per ounce as of 0336 GMT, after...

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 gold was up 0.1 percent at $1,314.35 per ounce as of 0129...

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, reaching as high as $1 400/oz in January 2018, it has truly...

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 cent a share, after posting its highest annual underlying earnings since 2014.The...

The Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya, has called on miners to ramp up production to compensate for potential declines in mineral prices.Precious metal prices were generally subdued last year, occasioned by weak safe...

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 Lighthizer stoked concerns over progress in U.S.-China trade talks.Spot gold was down...

Gold prices were steady on Wednesday as the dollar stood near a three-week low after the Federal Reserve’s chairman reiterated the U.S. central bank would stay patient on further interest rate hikes, while palladium hovered near...

Israeli mining tycoon Beny Steinmetz is making a dramatic return to Guinea after the billionaire ended a bitter dispute with the West African country that brought his business empire to its knees.The settlement, brokered by former...

Gold prices rose on Monday as the dollar fell against the yuan after U.S. President Donald Trump said he would delay an increase in tariffs on Chinese goods, while palladium surged to a record high.Spot gold...