Search results: China

RIOZIM has signed an exclusivity agreement with a Chinese state-owned firm Power China for the construction of a 2000-megawatt (MW) thermal power station in Sengwa, Gokwe North, raising expectations the long-standing plan is slowly coming to...

Gold was trading below the previous session’s 10-month peak yesterday as the dollar gained after minutes from the last US Federal Reserve meeting rekindled expectations of another rate hike this year. Investors were also keeping a...

Gold prices held steady yesterday as investors kept a cautious stance ahead of a fresh round of Sino-US trade talks, while a firmer dollar capped gains for the bullion, which was drawing support from global economic...

Gold prices held steady on Monday, supported by uncertainties around Sino-U.S. trade war and concerns of slowing global economic growth, while a strong dollar weighed on the precious metal.Spot gold was steady at $1,313 per ounce...

Gold’s allure shows no sign of waning as Asian consumers don more jewelry, investors spurn currencies and Swiss vaults bulge with the alternative investment, top gold executives said at the Reuters Mining Summit this week.“People are...

Billionaire Robert Friedland, founder and executive chairman of Ivanhoe Mines (TSX:IVN), said Wednesday his copper project with Chinese partners, Zijin Mining and Crystal River Global in the Democratic Republic of Congo “definitely”  has the potential to become the world’s...

By 2030, oil demand could hit a peak and then enter decline, according to a new report.For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According...

With roughly $15 billion allegedly lost from Marange diamonds, the opportunity to fight inequality through domestic resource mobilisation was possibly squandered. All is not lost though. This undesirable situation can be reversed in the quest to...

Mining is one of Zimbabwe’s largest foreign currency earners, contributing more than 60% of the forex earnings. It also constitutes about 15% of gross domestic product (GDP), between 8 to 12% of government revenue and more...

 Gold prices on Wednesday held near eight-month highs hit in the previous session on concerns over U.S.-China trade relations and ahead of the U.S. Federal Reserve’s policy decision, where interest rates will likely be kept unchanged.FUNDAMENTALS*...

Oil prices this year will be influenced primarily by the health of the global economy, which is why prices have closely tracked equity and bond markets in recent months.U.S. shale production growth, the policy of OPEC...

India's 2018 thermal coal imports rose at the fastest pace in four years, according to two industry sources, despite moves by Prime Minister Narendra Modi's government to cut imports in a bid to reduce its trade...