Gold investors have gone into wait-and-see mode ahead of an expected interest rate reduction by the Federal Reserve later on Wednesday that will kick off a busy round of policy decisions from leading central banks. Prices were confined to a narrow rang…
Gold holds line near $1 500 as central bank titans decide policy Read More »
Newmont Goldcorp is ready to sit tight on asset sales, even if that means not reaching a previously announced goal of as much as $1.5-billion in divestments.
That’s according to Tom Palmer, the company’s incoming CEO. The world’s largest gold producer…
Incoming Newmont CEO says no ‘fire sale’ coming for assets Read More »
China Gold International Resources, the overseas arm of State-owned China National Gold Group, is on the hunt for acquisitions to replenish its pipeline as deal-making in the sector heats up thanks to a jump in the metal’s price.
“We need more pipelin…
China Gold is hunting for deals worth asmuch as $2bn Read More »
China Gold International Resources, the overseas arm of State-owned China National Gold Group, is on the hunt for acquisitions to replenish its pipeline as deal-making in the sector heats up thanks to a jump in the metal’s price.
“We need more pipelin…
China Gold is hunting for deals worth as much as $2bn Read More »
Eskom Holdings, the State-owned South African power utility with about $30-billion of debt, sought advisers on how to implement a government bailout seven months after President Cyril Ramaphosa said the company would be reorganised. Eskom issued an inv…
Eskom sought advisers to help implement government bailout Read More »
A plan to establish the world’s largest green-energy financing initiative is being threshed out in South Africa, which needs to reduce its environmental footprint and find innovative ways to fund debt-stricken state power utility Eskom Holdings. The pl…
$11bn green-energy initiative takes shape in South Africa Read More »
Global oil prices surged the most on record after a strike on a Saudi Arabian oil facility removed about 5% of global supplies, an attack the US has blamed on Iran.
In an extraordinary start to trading, London’s Brent futures jumped almost $12 a barre…
Oil jumps the most ever after attack cuts Saudi Arabian supplies Read More »
Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East, with investors seeking haven assets at the start of a week that’ll also see critical policy decisio…
Gold rallies on concern Saudi Attack may presage wider conflict Read More »
Gold and silver rallied after a strike against Saudi Arabian oil facilities raised the possibility of retaliatory US military action in the Middle East, with investors seeking haven assets at the start of a week that’ll also see critical policy decisio…
Gold rallies on concern Saudi attack may presage wider conflict Read More »
Indonesia, which is weighing an early ban on exports of bauxite and copper concentrates, is betting on Chinese companies to add to the billions of dollars of investment in building smelters and processing plants.
Making a deal with China is “simple…
Indonesia sees China as ally as it weighs bans on exporting minerals Read More »
