De Beers is considering ways to restructure mines, expand in jewelry and overhaul diamond sales, as the world’s biggest and oldest producer rethinks its entire business in an industry left paralyzed by the pandemic. The company founded by British imper…
De Beers rethinks business after diamond collapse exposes cracks Read More »
It’s easy to forget now but there was a time early on in the pandemic when the price of gold was in freefall. It was a curious thing, what with the virus sparking a collapse in the global economy, and it would prove in time to be one of the great head-…
The Message Behind Gold’s Rally: The World Economy Is in Trouble Read More »
It’s easy to forget now but there was a time early on in the pandemic when the price of gold was in freefall. It was a curious thing, what with the virus sparking a collapse in the global economy, and it would prove in time to be one of the great head-…
The message behind gold’s rally: the world economy is in trouble Read More »
Workers at Antofagasta’s Zaldivar copper mine in Chile accepted a revised wage offer, averting a strike that threatened to add to supply concerns in the metal’s top-producing nation. Union members voted 387 in favor of the definitive offer to 236 again…
Zaldivar copper miners accept wage deal, averting Chile strike Read More »
Eskom Holdings’ gross debt surged to R480-billion, after the struggling State-owned power utility borrowed from its lines of credit, documents seen by Bloomberg show. The increase, from a previously disclosed level of R454-billion, comes as the company…
Eskom’s gross debt level increases to R480bn Read More »
For millions of Britons, March 24 will be remembered as the lockdown moment when they either lost their job or were told not to come back to work for months. For Andy Howard, it was the day his workload doubled. In addition to running a team of 13 inve…
Markets reward companies that treat workers well in a crisis Read More »
A proxy advisory firm for financial institutions such as hedge funds is taking issue with one of the world’s top copper producers for its lack of gender diversity in the board room. Institutional Shareholder Services is recommending that shareholders w…
Copper producer’s all-male board is spotlighted by proxy firm Read More »
Gold traded near $1 900 an ounce, edging closer to its all-time high set almost nine years ago, as concerns about global growth buoyed haven demand. Increasing signs that the prolonged coronavirus pandemic is stalling an economic recovery and the recen…
Gold nears $1 900 as veteran Mobius says keep buying Read More »
Silver jumped to the highest in almost seven years and gold continued its march toward a record on expectations more stimulus is needed to help the global economy recover from the coronavirus pandemic.
Investors have flocked to the precious metals on …
Silver jumps to 2013 high, gold nears record on virus concerns Read More »
Not even a record rally can entice foreign investors to South African gold stocks. With gold prices soaring on the heels of monetary stimulus, shares in producers of the metal are back in favor around the world. But investors are fretting about supply …
Foreign investors shun South African gold stocks on virus fears Read More »
