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Tag Archives: Gold

Secret of the Kibali mine – flying people in and gold bars out

Randgold Resources had to haul heavy equipment more than 1 000 miles to build the roads and hydropower plants needed to construct its Kibali gold mine, the biggest in Democratic Republic of Congo. The sprawling facility in a remote corner of a country the size of Western Europe is a …

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Companies sell ETFs as gold underperforms

The international gold exchange-traded fund (ETF) market is suffering, owing to the poor performance of the gold price in 2013, the South Africa-based investment banking division of Barclays Africa exchange traded products head Vladimir Nedeljkovic tells the media He says, while gold ETFs in South Africa have remained static, as investors are keeping …

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