Keywords: Gold
Côte d’Ivoire has reached a major milestone in its mining sector with the first gold production from the Koné project, one of the country’s largest mining developments. The mine, operated by Canadian company Montage Gold, produced its first gold pour on September 26, marking......
Tamil Nadu has launched a new welfare programme under which eligible babies born in government hospitals receive a one-gram gold ring, linking a traditional symbol of prosperity with the state’s effort to encourage institutional deliveries. Chief Minister C Joseph Vijay formally launched the scheme,......
Gold prices fell sharply on Monday, extending recent pressure on the precious metals market as higher oil prices and expectations of further monetary tightening in the United States weighed on investor sentiment. Spot gold declined 2.7% to $4,171.85 per ounce, while US gold futures also lost 2.7%, settling......
The Boumadine polymetallic project in Morocco has recorded a substantial improvement in its economic outlook, with an updated preliminary economic assessment placing its after-tax net present value at $3.5 billion. The figure represents a sharp increase from the $1.5 billion valuation reported in the......
Long before “Black Friday” became associated with post-Thanksgiving shopping, the expression referred to one of the most dramatic financial episodes in 19th-century America. On September 24, 1869, a speculative attempt to control the U.S. gold market collapsed, triggering a sharp fall in......
Wydad Athletic Club of Casablanca has created a new distinction within its membership structure, with Moroccan international goalkeeper Yassine Bounou becoming the first player to receive the club’s newly established “gold member” status. The announcement, made on Sunday, gives Bounou......
At least 60 people lost their lives on Wednesday, September 16, in the collapse of a gold mine located in southern Sudan. Several miners may still be trapped under the rubble as search efforts continue under difficult conditions. A death toll that could still rise The tragedy occurred at the Al-Zaraa......
India’s foreign exchange reserves have reached a new record, rising by nearly $45 billion in a single week and strengthening the country’s external financial position. Data released by the Reserve Bank of India (RBI) showed that total reserves climbed to $785.7 billion in the week ending......
The Netherlands has transferred 86 tonnes of its gold reserves from storage facilities in the United States and Canada to London as part of a broader redistribution of its bullion holdings amid rising geopolitical uncertainty. The Dutch central bank said the move would make a portion of the country's......
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