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Search results: gold prices
Shamva’s Gold Rush: A Recipe For Child Sexual Exploitation
As the sun sets marking the end of another day, the mining town of Shamva suddenly comes to life. People from all walks of life including illegal gold miners, some already intoxicated ll-up the numerous nightspots...
Gold Smuggling: Time government introduces free gold trade within Zimbabwe
Zimbabwe is reportedly losing more than US$100 million a month through gold smuggling, according to Home Affairs Minister Kazembe Kazembe.The government has been, for eons, trying to fight gold leakages but with little success. This article will...
Golden timing of Padenga
Last year saw a local crocodile skin and meat business investing in a gold mine which attracted a lot of side-eyes. But the investment in Dallaglio Investments (Pvt) Ltd by Padenga Holdings now looks like a...
Gold watchers say don’t rule out US election turmoil yet
The stock market is riding high, taking Joe Biden’s widening lead in the polls as a sign to discount the odds of a contested election. But some investors say it’s too soon to count out turmoil...
Teranga increases Golden Hill resource estimate
Teranga Gold (TSX: TGZ) has increased the mineral resource estimate for its Golden Hill project in southwest Burkina Faso after incorporating results from its latest drill program on the property.Golden Hill is an advanced-stage exploration project located within...
Investors who missed gold rush pile into platinum funds
Platinum holdings in exchange-traded funds have surged to a record, raising the prospect of a catch-up rally for the precious metal after months of lagging gold and silver.More than 600,000 ounces of platinum have been added...
Gold advances as investors weigh Fed’s new approach on inflation
Gold climbed as investors weighed the impact of the Federal Reserve’s new approach to setting US monetary policy, with a more relaxed stance on inflation.Chair Jerome Powell said that the Fed will seek inflation that averages...
Gold and platinum sectors resilient
Zimbabwe's gold and platinum sectors have shown resilience to the Covid-19 pandemic operating at full capacity in the first six months of the year, an official has said.Benard RinomhotaSpeaking during the 2020 MineEntra virtual meeting , the...
RBZ loses gold forex retention war
The Reserve Bank of Zimbabwe (RBZ) has caved in to demands from small scale gold producers giving them the greenlight to retain 100% of their foreign currency receipts among a raft of measures to plug leakages...
Gold continues on a upward trend
Gold prices are likely to continue their upward journey as investors know that the gold price has broken significant resistance. This resistance level, formed in 2011, reached an all-time high at $1921. As of today, the gold...
New gold price regime to curb leakages
Zimbabwe's sole gold buyer and exporter Fidelity Printers and Refiners (FPR) has made major strides further in
unravelling issues of gold leakages by presenting an alluring gold purchasing price which miners have effectively
welcomed as just and long...
BREAKING: Fidelity hikes gold buying price
Zimbabwe's sole gold buyer and exporter Fidelity Printers and Refineries (FPR) has hiked the gold buying prices in the country which was previously pegged at USD45. The price according to FPR General Manager Mr Fradreck Kunaka...



