Iran Executes Men For Hoarding Gold Coins Amid Currency Crisis

Iran executed two currency traders for allegedly hoarding gold coins and attempting to manipulate prices at a time when the country's economy is reeling from re-imposed U.S. sanctions following...

Modi Invited To Gold, Jewellery Summit In India

The Deputy Minister of Industry and Commerce, Raj Modi, has been invited by the Gem and Jewellery Export Promotion Council of India (GJPEC) to participate at the second edition...

Gold Turns Higher as Dollar Falls after Powell Comments – 29...

Gold prices rose $5.97 an ounce on Wednesday, breaking a three-session losing streak, as the dollar tumbled from two-week highs after Federal Reserve Chairman Jerome Powell said interest rates...

Bindura Gold Milling Centre Reopened

Government has lifted the suspension imposed on a gold milling centre in Bindura that was shut down last month over a myriad of allegations bordering on non-compliance with gold...

Weekly review of Azerbaijani precious metals market

The price of one ounce of gold increased by 18.887 manats or 0.9271 percent last week in Azerbaijan. Accordingly, the average price of one ounce of gold stood at 2046.555625...

Iran Central Bank Deputy Chief Detained

Iranian authorities have detained a deputy Central Bank governor amid street protests over the country’s economic difficulties, state-run media report, as Iran prepares to face a return of U.S....

Alaska governor wants corps to suspend mine project review

JUNEAU, Alaska — Alaska Gov. Bill Walker has asked the U.S. Army Corps of Engineers to suspend its environmental review of a proposed copper-and-gold mine near a major salmon...

Gwede Mantashe faces court action over Lonmin’s social labour plans

The Mining Forum of South Africa said it was taking minister Gwede Mantashe to court seeking to compel him to act against Lonmin for non-compliance. Johannesburg - The Mining Forum...

Sanbrado Gold Mine Contracts For Outotec, Byrnecut And Lycopodium

Gold developer West African Resources reports progress on its Sanbrado Gold Project in Burkina Faso for the quarter ending 31 December 2018. During the quarter WAF selected Outotec to...

AngloGold sets example by signing wage agreement

AngloGold Ashanti was the first major gold producer to sign a three-year wage agreement with three unions, staving off the potential strike looming over three other companies, including SA’s...

Gold Edges Up as Dollar Eases – 29 June 2018

Gold prices are slightly higher in Asia trade, trading up 0.1% at $1248.88 an ounce, as the dollar softened after European Union leaders reached an agreement on migration. Yesterday,...

“Desperate” Iran Digs For Gold To Save Shattered Economy

Iran is currently increasing activities of gold mining and other economic minerals in an attempt to save its sagging economy due to the most impactful US sanctions recently imposed...