Search results: price of gold

Global gold mining company AngloGold Ashanti is to sell its Mponeng mine and Mine Waste Solutions (MWS) to Harmony Gold for $300m (R4.44bn), the company said in an announcement yesterday.According to Mining MX, the R118bn gold...

Gold prices rose on Thursday as worries about the economic impact from a fast-spreading coronavirus in China improved the metal’s safe-haven appeal.Spot gold rose 0,3 percent to $1 581,75 per ounce by 0744 GMT and US...

LISTED mining group, Falcon Gold Zimbabwe (Falgold) has again issued a cautionary statement advising that it is still contemplating a capital raise initiative which if concluded may have a direct impact on the price of its shares.Of...

Gold edged down on Friday as the dollar rose and appetite for riskier assets improved after the World Health Organisation tempered fears of a global coronavirus outbreak.Spot gold was 0,1 percent lower at $1 561,18 per...

A rapid rise in the price of gold since 2000 has driven millions of people to deposits in Africa, South America and elsewhere where they dig for gold using basic technology.Such informal digging — known as...

The government says it will complete crafting the strategy for ramping up annual gold production to over 100 tonnes and grow export earnings from the sale of bullion to more than US$4 billion per year by...

Gold prices rose above the key $1 500 mark to a near two-month peak yesterday, as uncertainty around the signing of the ‘phase one’ trade deal between the United States and China boosted safe-haven flows into...

These are the top gold producers in the world. 1. China Mine production: 400 MTOnce again, China was the largest producer of gold in the world, mining 400 metric tons (MT) in 2018. The country has now held...

When the European settlers in Zimbabwe dreamt of Eldorado (overflowing gold) in the 1890s, not many were disappointed. Now more than a century after the settlers arrived, the yellow metal remains one of the pillars of...

Gold prices were rangebound yesterday, as lack of concrete details about the interim US – China trade deal kept investors from making firm bets, while palladium was just $2 away from surpassing key $2 000 per...

Minerals Marketing Corporation of Zimbabwe (MMCZ) general manager, Mr Tongai Muzenda, said yesterday that the credit guarantee facility seeks to assist non-gold mines in playing their role towards the attainment of the US$12 billion economy. “The...

The gold industry in the country has been in existence for over 1000 years with one of the powerful early societies, the Great Zimbabwe kingdom and the Mutapa kingdom believed to be gold funded economies. Since...