investment

South African gold mining giant AngloGold Ashanti is signaling its renewed focus on Brazil with a substantial investment boost for 2024. The company plans to channel 1.1 billion reais (roughly $198 million) into the country this year, with the majority of these funds earmarked for exploration activities.

Gold prices suffer their biggest one-day drop in over two years after a robust US jobs report and a halt in gold buying by China’s central bank raise concerns about future interest rates and investor demand.
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South Korean President Yoon Suk-yeol hosts a summit with African leaders to tap into Africa’s vast mineral resources, focusing on investment, technology, and sustainable development.

BHP’s decision to snub South Africa as an investment destination has ignited a political firestorm, with the ruling African National Congress (ANC)…

Saudi Arabia, the world’s top oil exporter, is shifting gears and looking to secure lithium, a key battery metal, to fuel its electric vehicle ambitions. The kingdom is exploring domestic production and international investments to meet its EV goals.

The price of gold surged to a record-breaking $2,350 per ounce on Monday, fueled by a combination of factors including central bank…

Gold prices have skyrocketed to record highs in 2024, baffling analysts who are struggling to pinpoint the exact cause of the surge.…

Gold prices surged to record highs on Tuesday, fueled by rising tensions in the Middle East. The surge came despite a stronger…