Search results: gold prices

Fidelity Gold Refinery (FGR) has come up with strategies to ensure that gold deliveries increase significantly in 2023 compared to 2022.Rudairo MapurangaFGR General Manager Mr Peter Magaramombe has projected gold deliveries to reach 40 tonnes in...

The country’s sole buyer and exporter, Fidelity Gold Refinery (FGR), has projected gold deliveries to reach 40 tonnes in 2023 mainly due to new gold mining projects coming into production.FGR General Manager Mr Peter Magaramombe told...

Indian gold refiners have nearly stopped imports of gold dore, a semi-pure alloy, as grey market operators offer hefty discounts to market rates and cut into their slender margins, making business a losing proposition, industry officials...

As the uptake of gold coins after their introduction midyear increases significantly, 35 per cent of the coins have been bought by individuals while 65 per cent have been bought by corporates including asset management and...

Gold prices fell to a one-month low on Monday, as US Federal Reserve Chair Jerome Powell's stance to continue with aggressive monetary policy to bring down inflation dented the zero-yielding metal's appeal and boosted the dollar. Spot gold had shed 0.7%...

The gold industry has a huge potential to contribute significantly to Zimbabwe's economic revival, mine industry captains have alluded.Rudairo MapurangaSpeaking today at the All Stakeholders Workshop on Gold Sector value Chain Chamber of Mines of Zimbabwe...

Smaller Mosi-Oa-Tunya gold coins are expected to go on sale in November from the Reserve Bank of Zimbabwe, Central Bank governor Dr John Panonetsa Mangudya has said.Rudairo MapurangaAccording to Mangudya, the smallest coin containing just over...

Gold prices charged higher and broke above the key $1,800 level on Wednesday after relatively tame US inflation readings prompted bets that the Federal Reserve may not opt for aggressive rate hikes. Spot gold rose 0.6% to...

Vice President of the Senate Mike Nyambuya has summoned Finance minister Mthuli Ncube to Parliament to present a ministerial statement explaining how gold coins will stop the country’s economic haemorrhage.This is after the leader of government...

The gold industry requires in excess of US$1 billion in funding in the next 5 years to sustain growth and development, the Chamber of Mines said after reviewing factors that might hamper the achievement of the...

Gold mining in Zimbabwe is a major mainstay for millions in the Southern African country.There are over 4 000 recorded gold deposits in Zimbabwe of which nearly all of them are located on ancient workings. The...

Gold deliveries to the country’s sole buyer and marketer, Fidelity Printers and Refiners (FPR) rose 88% to 10.176 tonnes in the first four months of this year from 5.4 tonnes delivered during the same period last...