Search results: gold prices

After a 26% rise in 2021, copper prices have struggled for direction this year.  On Thursday, March futures made another attempt to find higher ground, jumping to $4.7085 a pound ($10,380 a tonne), only  to give...

Zimbabwe’s gold exports rose 42% last year raking in US$1.7bn compared to US$1.2bn earned in the previous year on the back of increased output and firming prices, the central bank has said.“The country’s gold export receipts...

Statistics released by the central bank showed that gold delivered to Fidelity Printers and Refiners was 55% up last year to 29.6 tonnes from 19.05 tonnes in 2020 on the back of timeous payments and incentives...

For gold bulls, these are frustrating times. In rand terms, gold bumped up a mere 4,1 percent in 2021, but dropped 4,3 percent in US dollars.Investors lavished with triple digit returns in cryptos may find this...

The world’s second-biggest gold miner is confident prices will hold firm this year, if not rise, as investors use the metal rather than cryptocurrencies to hedge against inflation and jewelry demand picks up. “The risk is on...

Zimbabwe’s yellow metal export receipts rose 7.6% to US$1.057bn by mid-November this year from US$982.3m during the same period last year due to improved gold deliveries.The year 2021 was a year of two halves where the...

Gold deliveries to Fidelity Printers and Refiners  (FPR) surged 45% to 25.36 tonnes in the 11 months  to November 30 2021 from 17.44 tonnes delivered in the prior comparative period due to improved mining conditions and...

Zimbabwe is bullish on reaching over 28 tonnes of the gold output this year following a good run averaging three tonnes per month since June.In June 2021, the half-year gold output was 9.948 tonnes. Output has...

The mining industry in Zimbabwe plays a significant role in the development of the country as it brings in foreign currency, contributes to government revenue and provides for infrastructure development.Dumisani NyoniSince 2009, the mining sector has...

In my previous articles I have written about valuation of businesses using the following methods:Discounted Cashflow Method (DCM), also called the Net Present Value (NPV) method.Price Earnings (PE) ratio method which uses the PE ratio of...

Gold deliveries to Fidelity Printers and Refiners (FPR) more than doubled to 2.94 tonnes in August from 1.27 tonnes reported in the same month last year amid rising confidence after authorities benchmarked prices to those offered...

Zimbabwe’s small scale miners are edging closure to sealing a deal with Chinese companies that will supply mining machinery, a move which is expected to boost gold production in the country.The development has seen gold miners...