Latest News for: South africa gold


China’s back on gold-buying spree, opens borders to $8.5 BILLION worth of shiny metal – reports

Russia Today 18 Apr 2021
The world’s biggest gold consumer, China, has given domestic and international banks permission to import large amounts of gold into the country, Reuters reported, citing its sources ... The bulk of China’s gold imports typically come from Australia, South Africa and Switzerland.

China opens its borders to billions of dollars of gold imports

Mining Dot Com 16 Apr 2021
With China’s economy rebounding strongly since the second half of last year, demand for gold jewellery, bars and coins has recovered, driving domestic prices above global benchmark rates and making it profitable to import bullion ... The bulk of China’s gold imports typically comes from Australia, South Africa and Switzerland.

Exclusive: China opens its borders to multi-billion dollar gold imports - sources

Yahoo Daily News 16 Apr 2021
China is the world's biggest gold consumer, gobbling up hundreds of tonnes worth tens of billions of dollars each year, but its imports plunged as the coronavirus spread and local demand dried up ... The bulk of China's gold imports typically come from Australia, South Africa and Switzerland.

Juwi to add 13.6 MWp of solar to hybrid microgrid at Aussie gold mine

Renewables Now 15 Apr 2021
... solar PV component of a gas-plus-renewables hybrid power station set to be installed at the Gruyere Gold Mine in Western Australia ... Its fifth hybrid project is in South Africa, where it is currently building a 10-MW solar farm for another gold miner, the German company added.

Ban mining in Ghana outrightly – Edgar Wiredu tells Akufo-Addo

Ghana Web 15 Apr 2021
“My position has always been the fact that mining in this country must stop…Those lands could be used in a better way that can bring more money than gold,” he told Morning Update host Eric Ahianyo on TV XYZ. To him, “We need the lands more than the golds in the soil ... Even South Africa has a lot of gold reserves than Ghana.

Does the colour of your car affect your insurance premium?

Independent online (SA) 14 Apr 2021
Today, the most popular car colour on South Africa’s roads is white. fully 45% of the cars financed in South Africa are white, with silver coming in at nearly 25%. But while brighter colours, like pink and gold, may affect your ability to resell the car, does the colour of your car affect your insurance premium? ... PERSONAL FINANCE .

Mining output sees first annual gain in 12 months

Moneyweb 14 Apr 2021
‘We had month-on-month increases in the four main commodity items. gold, iron ore, PGMs and coal...[which] account for about 75% of South Africa's mining output in general’. Peter Worthington – economist, Absa ... .

Theta's underground study delivers

Mining Weekly 13 Apr 2021
A prefeasibility study (PFS) into the ASX-listed Theta Gold Mines’ TGME ...

Anti-Colonialism’s Bad History

Quillette 13 Apr 2021
Lenin relied heavily on the writings of John Atkinson Hobson, a British economist stationed in South Africa during the Boer War, who wrote newspaper columns for the Manchester Guardian and blamed Jewish capitalists for causing the war between the British Empire and the Boer republics (Transvaal and Orange Free State).

Surrounded by water, yet not a drop of drink for local communities

Ghana Web 12 Apr 2021
Communities living within sight of Lesotho's two biggest dams endure a daily struggle to get safe water because the "white gold" they can see but cannot reach is destined for neighbouring South Africa ... of water to South Africa, according to the LHDA.

Sibanye-Stillwater is at the centre of deal talks in the gold sector

Independent online (SA) 09 Apr 2021
A Sibanye spokesperson said the miner is interested in a mid-tier gold company with more than 1 million ounces in annual output and operations outside South Africa ... Sibanye has long wanted to boost its gold exposure outside South Africa, where declining grades and persistent power outages pose challenges.

Zimbabwe's 2021 tobacco marketing season commences with high hopes

Xinhua 09 Apr 2021
by Tafara Mugwara. HARARE, April 8 (Xinhua) -- Zimbabwe's 2021 tobacco marketing season opened on Wednesday with hopes that the country will surpass last year's figures ... Tobacco is the southern African country's second foreign currency earner after gold, with China and South Africa being the major buyers of the golden leaf ... Enditem. .

The time has come to say goodbye to the FTSE/JSE Gold Mining Index

Independent online (SA) 08 Apr 2021
Shapiro said most gold mining companies had vanished and of the handful of existing companies, most of them were now operating outside of South Africa ...AngloGold Ashanti’s recent sale of its last South African gold mine, Mponeng to Harmony Gold Mining Company, also highlights the decline in South Africa gold mining,” said Davids.