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A service for gold trading professionals · Saturday, May 24, 2025 · 815,828,721 Articles · 3+ Million Readers
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Africa Gold Industry News  •••  Topics  •  Africa Media Directory

Africa Gold Industry Newswire

  • Published on 12:54 GMT

    Gold prices up, afghani strengthens against dollar, rupee

    KABUL (Pajhwok): The prices of gold surged, but the afghani gained some ground against the US dollar this week, when rates for other essential commodities remained stable in Kabul, market sources said on Saturday. Food items Zmarai Safi, head of the Food …

    Source: Pajhwok Afghan News - Neutral
  • Published on 13:04 GMT

    Gold, Granite, and Governance: Regulatory Challenges in Nigeria’s Solid Mineral Sector

    Nigeria’s natural wealth stretches far beneath its soil. With over 44 types of commercially viable minerals, including gold, granite, and the increasingly sought-after lithium, the country holds an enviable reserve of resources. Yet the contribution of the …

    Source: The News Chronicle - Neutral
  • Published on 19:08 GMT

    Junta-led Niger plans to reduce Chinese oil workforce

    Niger's junta-led government has requested the departure of several Chinese nationals working on oil projects, a move expected to impact dozens of employees and further strain relations with Beijing. Oil Minister Sahabi Oumarou instructed the China …

    Source: Business Insider Africa - Neutral
  • Published on 19:46 GMT

    Back-to-back interest rate cuts spur investment, exports: Egyptian business leaders

    The Central Bank of Egypt’s (CBE) second consecutive interest rate cut is fueling optimism among investors, with key figures in the business community hailing the move as a strong catalyst for economic growth, investment, and export expansion. Ahmed El- …

    Source: Daily News Egypt - Pro-Government
  • Published on 09:57 GMT

    Volt resumes trading while Arrow remains suspended

    Shares in ASX-listed Volt Resources resumed trading on Friday after the company said it had not received formal communication from the Guinea government regarding the status of its mineral tenements. This followed media reports of potential licence …

    Source: Skillings Mining Review - Florida - Pending
  • Published on 09:18 GMT

    Zimbabwe's gold sector performing exceptionally well, but

    Zimbabwe's gold sector is experiencing a period of robust growth, yet mining leaders and experts are asking whether the country is fully capitalising on its mineral wealth. This was the central theme at the Gold Symposium held during the Chamber of …

    Source: Bulawayo 24 News - Neutral
  • Published on 03:41 GMT

    You are not yet there: Gold expert

    CoMZ president Thomas Gono THE gold sector in Zimbabwe is performing exceptionally well, but is that the best the country can do? That, among several other observations, came out during the Gold Symposium held at the Chamber of Mines of Zimbabwe Annual …

    Source: NewsDay Zimbabwe - Neutral
  • Published on May 23, 2025

    South Africa’s Sibanye Races to Rescue 289 Workers Trapped Underground in Kloof Gold Mine

    Company confirms all miners are safe and accounted for as efforts focus on hoisting them to surface by midday. By yourNEWS Media Newsroom Rescue operations are underway at the Kloof 7 shaft of Sibanye Stillwater’s gold mine near Johannesburg, South Africa, …

    Source: [your]NEWS - Right-wing
  • Published on 04:35 GMT

    African cinema shines as TAFF celebrates 10th anniversary

    In a remarkable celebration of a decade showcasing African storytelling, The African Film Festival, TAFF, Dallas, Texas reaches its 10th anniversary milestone this year with an impressive roster of over 40 film submissions from South Africa, Kenya, Nigeria …

    Source: The Guardian (Nigeria) - Neutral
  • Published on May 23, 2025

    Costco Tightens Gold Bar Policy Following High Demand

    We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. Learn more. Costco’s gold bars have become so popular that the company is quietly …

    Source: Money Magazine - Puerto Rico - Neutral
  • Published on May 23, 2025

    South Africa Rescues All 260 Miners Stuck Underground Alive

    Rescuers on Friday pulled out all 260 mine workers who had been stuck for more than 24 hours in an underground shaft in South Africa, the mine's operator said. The miners were trapped underground on Thursday at the Kloof gold mine, 60 kilometres (37 …

    Source: International Business Times - Center-left
  • Published on May 23, 2025

    Ghana to double small-scale gold mining output, expects $12bn annual revenue

    The Government of Ghana anticipates annual revenues of $12bn (139.41bn cedis) from small-scale gold mining, if the output from its small-mine and artisanal mining operations is doubled as planned, according to a Bloomberg report. The recent surge in gold …

    Source: Mining Technology - Pending
  • Published on May 23, 2025

    Six-medal glory: Jakob chases gold on track and farm

    By day, Jakob Volmoer keeps things ticking at Ouplaas, a fruit farm near Ceres in the Western Cape, where he makes sure the apples and pears are top quality. However, when he’s not checking orchards or sorting out farm work, Volmoer is doing laps on the …

    Source: Food For Mzansi - Neutral
  • Published on May 23, 2025

    79 miners rescued from South African shaft, over 100 still underground

    Rescuers have hoisted 79 miners who were stuck in a gold mine outside Johannesburg, South Africa but more than 100 were still trapped underground, the mine’s operator said on Friday. At least 260 miners were trapped underground on Thursday at the Kloof …

    Source: ARY News - Indeterminate
  • Published on May 23, 2025

    Angola: A Rising Investment Frontier in Africa

    Angola is emerging as a compelling destination for investors seeking opportunities in Africa. With its rich natural resources, strategic location, and commitment to economic diversification, Angola offers a unique blend of prospects across various sectors. …

    Source: Business Media Gerogia - Neutral
  • Published on May 23, 2025

    AUMS secures $655bn contract for AngloGold Ashanti’s Obuasi Gold Mine

    African Underground Mining Services (AUMS), via the Underground Mining Alliance (UMA) joint venture (JV), has secured a A$1.02bn ($655.3m) contract with AngloGold Ashanti for underground mining services at the Obuasi Gold Mine in Ghana. The UMA JV, which …

    Source: Mining Technology - Pending
  • Published on May 23, 2025

    Gold shines bright amid U.S. fiscal shadows: weekly surge signals safe-haven appeal; 5 key things to know

    Gold Prices Surge Amid Growing U.S. Fiscal Worries and Weak Dollar- Gold prices have climbed sharply this week, reflecting a surge in demand for the precious metal as a safe-haven investment. Rising concerns about the United States’ fiscal health, a …

    Source: The Economic Times - Pending
  • Published on May 23, 2025

    Top ten African countries with the highest interest rates – May 2025 

    Several African countries continue to grapple with high inflation, rising unemployment, and ongoing monetary and fiscal policy adjustments, prompting many central banks across the continent to revise interest rates in the first months of 2025. In its April …

    Source: Nairametrics - Neutral
  • Published on May 23, 2025

    Zambia Holds Policy Rate at 14.5% Amid Inflation Relief and Economic Momentum

    Zambia Holds Policy Rate at 14.5% Amid Inflation Relief and Economic Momentum In a move that signals cautious optimism, the Bank of Zambia (BoZ) has maintained the Monetary Policy Rate (MPR) at 14.5 percent. This decision followed the May 21–22 Monetary …

    Source: Zambian Observer - Indeterminate

02 days 05:37:57

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