Latest News for: Gold production


How to capitalise on a gold loan opportunity

Financial Express 26 Nov 2022
From time immemorial, gold has been key storage of value ... Gold loans also will have to undergo a concerted effort to mainstream this as a financial product in the future ... The big picture, however, is yet to emerge, but one thing is sure – gold loans as a financial product will see unprecedented demand in the coming years in the country.

Tata Consumer to focus on innovations to drive sales

Financial Express 26 Nov 2022
There have been launches in the spices and protein segments, ready-to-drink beverages and the Gold franchise in the packaged tea segment ... In the first half of the current fiscal, Tata Consumer launched three products a month on an average, doubling the acceleration in number of launches compared with the previous year.

Mining companies to sell 20% of refined gold to Bank of Ghana

Ghana Business News 26 Nov 2022
The directive formed part of the Government’s measures to operationalize the use of gold to purchase oil products into Ghana ... Also, all Community Mining Schemes (CMS) shall sell their gold outputs to Government through PMMC ... Also, all Licensed Small-Scale Gold Miners shall sell their gold to Government through PMMC.

Golding concerned about public access to beaches

The Gleaner 26 Nov 2022
Opposition leader and People’s National Party (PNP) President Mark Golding has expressed concern about how the tourism product continues to be developed without ensuring that Jamaicans will maintain access to the island’s beaches. Golding, who... .

Farmer from Matatiele wins award for rural-based small business

Mail Guardian South Africa 26 Nov 2022
A greater demand from a rising middle-class population and the increasing need for food security is driving the growth of the agriculture sector and productive farmers are worth their weight in gold. But entering and scaling farming production is not always an easy task.

Elon Musk Plans to Relaunch Twitter Premium Service With Different Colored Checks

The Hollywood Reporter 26 Nov 2022
Show additional share options. Show additional share options ... "He's Decimated His Staff and Degraded His Product". In the latest version, companies will get a gold check, governments will get a gray check, and individuals who pay for the service, whether or not they’re celebrities, will get a blue check, Musk said Friday ... 2 ... ....

Silver miners’ Q3 2022 fundamentals

Mining Dot Com 25 Nov 2022
Next comes these miners’ Q3’22 silver and gold production in ounces, along with their year-over-year changes from the comparable Q3’21 ... Yet their gold production still shrunk considerably ... And even that was skewed by another anomalous event, SSR Mining’s gold production crashing 51.5% YoY to just 77k ounces!.

Fortune Bay files Goldfields PEA report, Saskatchewan

Resource World 25 Nov 2022
Average annual gold production would be 101,000 ounces over life-of-mine (LOM), with an average of 122,000 ounces per year in the first four years and an 8.3-year LOM producing 835,000 ounces of gold ... The Project has a history of gold production (64,000 oz produced between 1939 ...

Bawumia endorses use of gold to buy oil products

Ghana Business News 25 Nov 2022
Vice President Mahamudu Bawumia has given his full support to a proposed policy framework for the use of gold to buy oil products into Ghana ... “To address this challenge, the Government is negotiating a new policy regime where our gold (rather than our US dollar reserves) will be used to buy oil products.”.

Debt-ridden Ghana plans to buy oil with gold instead of dollars, as foreign currency reserves ...

Business Insider 25 Nov 2022
Luc Gnago/Reuters Ghana's government is planning to use gold to pay for oil instead of shelling out US dollars ... The Ghanaian government is looking to implement the "new policy regime" of using gold to buy oil products in the first quarter of 2023, in order to counter inflation due to the depreciation of the cedi, Ghana's currency.

Tamil Nadu: Common facility centres to boost MSME growth

The Times of India 25 Nov 2022
Known as clusters, the facilities are expected to boost production by expediting the testing process ... So far, the state government has proposed nine clusters in the district for sectors such as gold jewellery, plastic recycling, plastic moulding, engineering, aluminium die casting, gold hallmarking and for making value-added coir products.

Ghana plans to buy oil with gold instead of US dollars

Gulf News 25 Nov 2022
Ghana's government is working on a new policy to buy oil products with gold rather than US dollar reserves, Vice-President Mahamudu Bawumia said on Facebook on Thursday ... Using gold would prevent the exchange rate from directly impacting fuel or utility prices as domestic sellers ...

Ghana orders miners to sell 20% of refined gold to central bank

Reuters 25 Nov 2022
ACCRA, Nov 25 (Reuters) - Ghana has ordered all large-scale mining companies to sell 20% of their entire stock of refined gold at their refineries to the Bank of Ghana from Jan ... Ghana's government is planning a new policy where gold rather than U.S. dollar reserves will be used to buy oil products.

Mali’s gold reserves climb to 881.7 tonnes – mines ministry official

Mining Dot Com 25 Nov 2022
... accounts for the bulk of reserves, with 162.9 tonnes of gold ... Mali’s industrial gold production in 2021 totalled 63.4 tonnes.

Ghana mining firms ordered to sell 20% of gold stocks to central bank

Business Day 25 Nov 2022
The move is part of measures to operationalise a government plan to use gold to buy oil-products announced on Thursday by Bawumia ... “The gold to be purchased by the Bank of Ghana and the PMMC will be in cedis at spot price with no discounts,” he added.

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