Gold
Gold trades at near record high as GDP sees an increase too
This comes with the news that Stats SA has on Tuesday reported a significant increase in gross domestic product (GDP) of 4.9% for last year.
Viewed as a haven investment in times of economic unrest, gold saw demand surge 50 percent in the final three months of last year compared with the October-December period in 2020, the World Gold Council said in a report.
Renergen is almost ready to start producing both natural gas and helium, placing South Africa on an elite map with helium reserves that could be the richest and cleanest in the world.
India is the world's second-largest gold consumer and experts say smuggling has increased in recent years, including by converting the precious metal into paste form.
The suspects were arrested on Thursday near a Riverbank in Randfontein, west of Johannesburg.
The 143 kilograms of gold was en route to neighbouring Guinea.
With the cornavirus showing no sign of letting up, traders have been flocking to gold, which is seen as a safe bet in times of crisis and uncertainty.
The gold had been kept at the station since it was seized from a suspected smuggler three years ago.
There has been traffic chaos on the M2 east highway in Johannesburg as commuters search for what they said was gold, spilled from a truck.
Mining analyst and MD at Creative Voodoo, Mamokgethi Molopyane says South Africa's depleting gold reserves will have a negative impact on employment in the sector.
Using wheat to “grow” gold has won Tshiamo Legoale (27) a global science competition. She refers to herself as a “gold farmer”.
The price of one Bitcoin climbed above the price of one ounce of gold for the first time ever last week.
The suspect was arrested on Monday evening in Springs, after Hawks members received a tip-off.
Customs officials discovered 17 bars and three discs of gold in the man’s luggage on Sunday.
Officials say the man was caught with the gold bars weighing 5,6kg.
An offer of between 10 and 13% increase for workers has been put on the table.
NUM has rejected the final wage offer from companies across the country.
The European Parliament voted to ban all products that contain “blood metals” sold by African warlords.
Sars confiscated gold valued at more than R20 million along with stolen copper cables worth R10,000.