Mining industry
Simon Lill, a seasoned mining executive, has joined Kairos Minerals Ltd as its new non-executive chairman, bringing a proven track record in resource development and capital markets. His appointment comes at a pivotal time for the company, which is launching its largest-ever drilling campaign at the Mt York Gold Project
Mining industry
Caledonia Mining Corporation PLC chief executive Mark Learmonth discussed the company's impressive first-quarter results, driven by a surge in gold production and prices. The company sold approximately 19,000 ounces of gold during the quarter, a significant increase from 17,500 ounces in Q1 2024. This led to
Gold
Gold has proven to be a reliable investment option for many investors over the years, serving as a hedge against inflation. Today, the price of gold in India varies by city, with changes in rates observed across major metropolitan areas. The current prices of 18, 22, and 24 karat gold
Gold
Astral Resources NL has significantly expanded its total Group Mineral Resource Estimate (MRE) to 1.76 million ounces (Moz) of gold after incorporating the Spargoville Gold Project into its portfolio. This move follows the company's acquisition of Maximus Resources, with Spargoville located adjacent to the Mandilla Gold Project
Gold
Revenues at DRDGold surged 4% for the quarter ending 31 March, despite a dip in gold produced and sold, thanks to a 10% surge in average gold price. Adjusted earnings before interest, tax, depreciation, and amortisation (Ebitda) decreased by 2% to R761.7 million. The company's cash operating
Gold
Gold has long been considered a safe-haven asset, and in India, it has shown significant resilience as an inflation hedge. With fluctuations in global markets, citizens are keen to keep track of the latest gold prices in their respective cities. Today, one can purchase 24 karat gold for Rs 9,
Gold
AltynGold PLC, a London-based exploration and development company, is poised for significant growth following a remarkable year. The company's financial results for 2024 demonstrate a substantial increase in profit and revenue, driven by rising gold production and prices. As the price of gold rose, AltynGold's average
Gold
Bryah Resources Limited has embarked on a strategic review of its gold assets in Western Australia, which include the Bryah Basin and West Bryah Basin Projects. The review aims to assess exploration opportunities and focus on areas where previous work has shown potential. With the current gold price at around
Commodity futures
Gold prices in Pakistan increased on Tuesday, reflecting gains in the global market. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola rose by Rs600 to reach Rs339,400 in the local market. The rate for 10 grams climbed by Rs514, settling at
Diwali
Gold prices in India have been on the rise in recent weeks, with the current price of 24-carat gold reaching Rs 78,380 per 10 grams. The surge in demand during the festive season, particularly on the occasion of Diwali and Dhanteras, is attributed to the traditional practice of purchasing
Diwali
Gold prices in India continue to hit new highs as the country approaches Diwali and Dhanteras, with the 24-carat gold price nearing the Rs 80,000 per 10 grams mark. Amidst geopolitical tensions and safe-haven demand, gold and silver prices have been volatile, with the yellow metal experiencing significant week-on-week
Diwali
Gold prices have witnessed a significant surge amidst the ongoing festive season in India, with the 24-carat gold rate edging close to Rs 80,000 per 10 grams. The metal's value has escalated due to increased demand, influenced by geopolitical uncertainties and rising festive demand. Gold remains a
