Tanzania to add Gold to reserves, resume US$3b Iron project
TANZANIA – The government of Tanzania has launched a new gold refinery as its central bank plans...
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Tag: Gold
Heritage Bank to invest US$841bn in Dukia Gold & Precious Metals
NIGERIA – Heritage Bank Plc is set to unlock N344 trillion (US$841.67bn) market worth of gold...
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Managem Group to expand its gold mining portfolio to 50% after expansion
MOROCCO – Managem Group, a mining company, has announced that it is aiming to expand the...
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Egypt signs 10 contracts with four companies for gold exploration
EGYPT – The Egyptian General Authority for Mineral Resources has signed 10 contracts with...
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Bank of Zambia plans to build US$36m worth of gold reserves in 2021 to support local currency
ZAMBIA – Bank of Zambia (BOZ) has revealed plans to buy up about 600 kilograms of Gold from...
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Gold miner Shanta Gold announces New Luika plant capacity expansion
TANZANIA – Shanta Gold, the East Africa-focused gold producer has announced the expansion of...
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Metal prices show signs of recovery as global economies rebounds – S&P Global Analysts say
GLOBAL− Metal prices have started showing signs of recovery against the backdrop of a global...
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Gold, other precious metals offers hope to African economies amid coronavirus crisis
AFRICA – The surging prices of Gold and other precious metals are offering hope to African...
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Gold emerges as the safe haven of choice during COVID19 crisis, prices to soar beyond US$2000/oz mark
GLOBAL – Gold has once again proved to be the safe haven of choice in periods of uncertainty and...
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Centamin’s profits jump 221% in H1 2020 buoyed by surges in gold prices amid COVID-19
EGYPT – Egypt based gold mining company Centamin has posted a 221% profit jump in the first half...
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Egypt’s mining sector boosted with discovery of new gold mine
EGYPT – Egypt mining sector has received a major boost after a new goldmine with reserves...
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Non Oil exports have the potential to earn Nigeria US$30bn annually, NEPC says
NIGERIA – Non-oil exports have the potential to earn Nigeria revenues of up to US$30bn...
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