Search results: gold prices

Sibanye Stillwater Ltd. chief executive officer Neal Froneman plans to resume battery-metals acquisitions within two to three years, once inflated asset valuations come down. The veteran dealmaker wants to make the metals that are key to powering...

Padenga expects to double gold output in 2022, backed by a US$29 million investment to start underground mining at Pickstone Mine and production from the newly reopened Eureka Mine.Eureka, which returned to production last year after...

Zimbabwe’s uncompetitive formal market could derail the government’s ambitious  gold mobilisation programme as compliance will be low, the Chamber of Mines of Zimbabwe has said.This  week the government launched the gold mobilisation programme as part of efforts to...

OUTPUT from Zimbabwe’s gold mines firmed to 7,6 tonnes during the first quarter, driven by fresh investments into resuscitating idle assets, as big operators deepened shafts.The sector produced four tonnes during the same period in 2021,...

It came after gold deliveries   for the period under review jumped 92% to 7.695 tonnes from 4.016 tonnes in the comparable period.The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya told Business Times that the spike in international gold...

Zimbabwe’s gold export revenue more than doubled in the month of February  to US$134,99m  from US$66,18m achieved in the prior comparative period on the back of increased output and firming  prices, Business Times can report.Gold delivered to the country’s sole buyer...

ZIMBABWE is still struggling to be readmitted to the London Bullion Market Association (LBMA), more than 13 years since it was booted out of the world’s largest gold and silver wholesale market.The southern African nation was...

Gold fell from near a 19-month high on Wednesday as risk sentiment in the global markets improved, despite ongoing concerns surrounding Russia’s invasion of Ukraine. Spot gold fell 2.5% to $1,997.78 per ounce by 12:20 p.m. ET,...

Gold extended its blistering rally on Tuesday towards an all-time high as investors made a beeline for the haven metal on mounting fears about the Ukraine crisis and rising inflation.Spot gold surged 3.5% to $2,068.07 an ounce by...

Caledonia Mining Corporation has entered into a zero cost contract to hedge approximately a quarter of its 2022 gold production target at Blanket as it seeks to protect its balance sheet during its phase of higher...

Gold blasted to its highest since 2020 after Russian forces attacked targets across Ukraine, triggering the worst security crisis in Europe since World War II and further crushing risk sentiment across the global markets. The move sparked a...

The value of gold receipts  jumped 180% to US$167.5m in January  this year  from US$59.9m reported in the same period last year on the back of increased output and firming prices.Gold deliveries to the country’s sole buyer and marketer...