All News / Precious Metals
Gold glitters for Zimbabwean luxury crocodile skins supplier...
25 Sep, 2025 14:12
154 min read
Zimbabwe's Padenga Holdings is reaping major benefits from its 2019 diversification into gold mining, as high bullion prices now far outshine its core crocodile skin business. Its gold unit, Dallaglio, contributed a massive 94% of the group's $130.68 million revenue, driven by a 36% surge in gold prices. This led to a 204% increase in half-year pre-tax profits, with the company investing further to ramp up gold production. In contrast, demand for luxury crocodile skins has slowed, leading to cost-cutting and the closure of one farm. The strategic shift to gold has proven highly successful, providing a crucial hedge against volatility in the luxury goods market....
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Precious Metals
Angola's diamond miner Endiama seeks minority stake in De Beers...
25 Sep, 2025 07:40
204 min read
Precious Metals
Civil Society Intensifies Emergency Declaration Push Over Galamsey Crisis...
25 Sep, 2025 07:25
187 min read
Precious Metals
Top 5 Palladium and Platinum Countries by Production...
25 Sep, 2025 07:20
1389 min read
Precious Metals
Botswana wants to buy De Beers controlling stake by next month, President says...
24 Sep, 2025 08:39
214 min read
Precious Metals
Anglo’s Valterra Platinum divestment ‘largest in history of JSE’, Standard Bank reports...
24 Sep, 2025 08:35
203 min read
Precious Metals
Zimplats selects Sandvik for Ngezi underground operations...
24 Sep, 2025 08:00
175 min read
Precious Metals
Gold output in Ghana could increase with Ahafo North commissioning...
23 Sep, 2025 12:23
252 min read