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Africa|Gold|Mining|Resources
Africa|Gold|Mining|Resources
africa|gold|mining|resources

Resources Watch

Resources Watch

16th August 2023

     

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Welcome to Creamer Media’s Resources Watch, a weekly video round-up of the events and people making and shaping the news in the mining industry.

This week:

Risk-on greater reason for record-high Q2 gold price than interest rate decline

Glencore returns $9.3bn to shareholders, highlights transition metals and recycling

And, AngloGold’s top-tier Africa assets brought to fore, emissions cut using renewables

 

The all-time-high second-quarter gold price is less about the forecast decline in interest rates and more about risk-on amid global economy wrestling and world deglobalization.

Barrick president and CEO Dr Mark Bristow...

 

In addition to the interim dividend of $2.8-billion, diversified mining company Glencore announced a top-up of $2.2-billion, which lifted this year’s total announced shareholder returns to $9.3-billion.

 

Glencore CEO Gary Nagle...

 

Four out of the five top-tier gold-mining assets of AngloGold Ashanti are in Africa. As the cornerstones of the company, these tier 1 mines are in Tanzania, in Ghana, and in the Democratic Republic of Congo.

AngloGold CEO Alberto Calderon...

 

For mining news as it breaks, stay logged onto Mining Weekly.com and register for our free daily newsletter.

Edited by Creamer Media Reporter

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