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Ghana’s illegal gold mining industry booms
China's Zijin Mining to buy Newmont's Ghana gold project for $1 billion
China's Zijin Mining Group will buy the Akyem Gold Mine Project in Ghana from U.S.-based Newmont Corp for $1 billion, the companies said on Wednesday. The sale is a part of Newmont's ongoing programme to divest non-core assets as the company makes a strategic shift to focus on its tier one assets,
Inside Ghana’s illegal gold mines
Ghana has a gold problem: illegal mines, known as 'galamsey', where men work without proper protective equipment. It threatens their lives – and the environment.
Report: Ghana’s illegal gold mining industry booms
At the expense of workers’ health, increased crime and adverse environmental effects, the heightened price of gold stimulates Ghanaian black market mining industry
Ghana's wildcat gold mining booms, poisoning people and nature
At an unlicensed gold mine in Ghana, men in t-shirts, shorts and rubber boots wade through pools of muddy water laced with mercury, pull out rocks with bare hands and operate a rickety sluice as they search for the precious ore.
Gold Rises
Gold set for biggest drop in over a month as bets on large Fed rate cut recede
Gold prices fell over 1% on Tuesday and were on track for their biggest drop on a percentage basis in 1-1/2 months as recent U.S. employment data lowered expectations for a bigger rate cut, while markets awaited minutes of the U.
Gold Rises as Jumbo Fed Rate Cut Looks less Likely, China Purchases Slow
Gold futures were edging up 0.4% at $2,677.90 a troy ounce, holding ground after Friday's U.S. Nonfarm Payroll data release showed a hotter-than-expected labor market. The economic data reduced the likelihood of another 50 basis-points interest rate cut,
Gold & Silver Prices Plummet as Fed Rate Cut Expectations Dwindle
Gold prices plunge as Fed rate cut hopes fade. Recent economic data dampens expectations for aggressive monetary policy easing. Investors await Fed minutes and inflation data.
1d
China's gold reserves unchanged for fifth straight month in September
China's central bank held back on buying gold for its reserves for a fifth straight month in September, official data showed ...
11h
Is the rally in gold and copper prices losing steam?
The most-active gold contract on COMEX was $,2,665.60 per ounce, mostly unchanged from the previous close. The price hit a ...
1d
Of Gold And China
Gold price growth rates and narrow money expansion are about the same, at 8% since 1971. Discover investment opportunities in ...
1d
on MSN
Can the U.S. Revalue Fort Knox's Gold?
Could revaluing Fort Knox's gold be the U.S.'s next big move in its economic standoff with China? This bold strategy promises ...
EconoTimes
1d
China Pauses Gold Buying Amidst Price Surge for Fifth Month
Chinas Gold Reserves Steady; Value Rises with Market Trends Chinas central bank refrained from purchasing additional gold for ...
6d
China’s Fast-Growing Copper Champion Is Reshaping Global Metal Supply
Zijin Mining is vying with the largest Western producers for a spot among the top ranks, even as geopolitical tensions worsen ...
4d
Asia Gold Festivities spark slight demand in India, China on holiday
Gold demand in India improved slightly this week due to an upcoming festival but remained lower than usual because of ...
13d
on MSN
Gold’s hitting new records again. Here’s what it means for the economy
Gold, traditionally perceived as a haven, has climbed roughly 30% this year, outperforming the benchmark S&P 500 index’s 20% ...
France 24
15h
China's plan to boost economy underwhelms markets
China's economic planners held a highly anticipated press conference this Tuesday to announce new measures that could boost the country's lagging consumer demand. But the measures fell short of ...
10d
on MSN
Trump’s “Vastly Overpriced” $100,000 “Swiss Watch” Is Probably Made in China, Experts Say
The former president's new timepieces are the laughingstock of watch aficionados, who cast doubt on their true origins — "as ...
EconoTimes
1d
China’s Foreign Exchange Reserves Beat Forecasts with $28.2 Billion Rise in September
Chinas Foreign Exchange Reserves Surpass Expectations in September Chinas foreign exchange reserves increased by $28.2 ...
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