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 …
Read More »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 said. He says, while gold ETFs in South Africa have remained static, as investors are keeping …
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