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Shalateen’s gold deliveries to the central bank to hit 1.25 tons next year
Good afternoon, friends, and congratulations on making it to the weekend. THE BIG STORY TODAY Shalateen looks to up its…
Gold sees worst weekly drop in over three years amid post-US election market reset
Gold prices are down 6.6% already this month
Aton Resources to launch gold extracting and processing facility in 2026. PLUS: BP to drill two new wells, Sabbour Consulting expands to KSA, British Council promotes inclusion
The facility will process finds from its Abu Marwat concession in the Eastern Desert
Electricity Ministry sets offtake prices for stored solar energy. PLUS: Knauf + Hassan Allam Construction, Siemens, Dynamic Distribution, Aton
RENEWABLES- Egypt sets tariffs for stored solar energy: The Electricity Ministry has put a price tag on energy produced from…
AngloGold Ashanti to buy Centamin in USD 2.5 bn transaction in bid to acquire Egypt’s Sukari mine
The transaction is expected to close in 4Q 2024
Gold picked up yesterday after US job opening data disappointed
It’s all eyes on DC for Jobs Friday tomorrow…
Malaysia’s Proton to start producing locally made autos in early 2025. PLUS: Talgo, Aton + Ankh + Centamin, IFC + Tanmiya Capital Ventures, Fujifilm
The company plans to invest some EGP 2 bn during the first two years of production
Gold soars as investors pencil in September rate cuts and a weakening USD
Gold prices are up 22% in 2024 so far
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