Friedland’s company risked a lot of money on mineral prospecting in the Central African Copperbelt 25 years ago, despite the dangers of civil war and the looming threat of regime change. With the highest ore grades in the world,...
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At the U.S.-Africa Business Forum, U.S. International Development Finance Corporation (DFC) announced active commitments across Africa totaling more than $11 billion. This includes $369 million of new active commitments announced as part of the U.S.-Africa Leaders Summit.
The market turbulence, geopolitics, and monetary policy challenges of 2022 has created a strong risk-off climate across the world. And while cross-currents and economic challenges have led to deep losses for traditional balanced portfolios, one haven asset has managed...
Gold prices have been on a general incline since the beginning of November as market turbulence, rising recession expectations and more gold purchases from central banks underpinned demand. Several analysts are projecting record highs for the precious metal in...
The gold industry is working together on the Gold247, an initiative from the industry-backed World Gold Council that aims to make it easier to buy and sell gold digitally. The new system would allow physical gold to change ownership...
The gold industry is working together on the Gold247, an initiative from the industry-backed World Gold Council that aims to make it easier to buy and sell gold digitally. The new system would allow physical gold to change ownership...
US President Joe Biden has announced billions of dollars in support and investment for Africa at a summit with the continent’s heads of state. “The United States is all in on Africa’s future,” President Biden told the 49 African...
UAE Central Bank sees a 13% increase in its gold reserve year on year. The value of gold reserves in the UAE central bank has increased 13 per cent year on year. The value of gold reserves of theCentral...
The gold price held steady despite Wednesday’s announcement of a 50 bps hike in the Federal Funds Rate. The precious metal ended the day trading at $1,802 per ounce, down only $5.30 over the day. These price movements signal...
Bitcoin adoption will need to be driven by the development of real uses rather than speculative interest, the report said. Bitcoin’s (BTC) value proposition is based on the cryptocurrency’s potential usefulness. Its level of future adoption, therefore, is more...