Posts tagged with 'Gold'

 

VIDEO: UK House of Lords Want UK, EU & CORRUPT ANC Regime To Act Against ZANU PF Corruption & Violence in Zimbabwe!

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Despots & Tin Pot Dictators: If The UK’s House of Lords is only now waking up to the endemic corruption and violence in Zimbabwe, after decades of Mugabe, does that mean it will be four decades before they wake up to the endemic corruption and violence in the ANC regime in SA, the very people who they now think will even consider pressurizing Zimbabwe’s regime to end corruption and violence?

Or do they care more about the bars of gold after a prominent figure in Zimbabwe’s ruling party was arrested trying to smuggle 14 bars of gold on a flight to Dubai.

Airport scanners at Harare on Monday picked up 6kg of gold valued at £280,000 (about 6 Million Rand) in the handbag of Henrietta Rushwaya, who is head of the Zimbabwe Miners Federation and a niece of President Mnangagwa. Ms Rushwaya, 53, appeared in court this week charged with smuggling,

Steven Tserayi, one of the president’s long-term aides, was detained with her, according to local reports,
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THIS Video Will Make ALL South Africans “The Moer In!” – SA has been plundered for an entire century, and still is…

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For an ENTIRE Century, South Africa has been the World’s Largest Gold Producer, by far and bar none! SA has also been in the Top Diamond producers. How much is it and where has it all gone?

BOER GOLD: After the Boers discovered massive Gold and Diamond deposits in their two internationally recognised independent Boer Republics in the late 1800’s, the British made two attempts to annex these Boer Republics. The Brits lost the first Anglo Boer War to only a handful of Boers, great embarrassment, but finally imported 200,000 troops and resorted to a Scorched Earth strategy to brutally conquer the Boer nation in 1902, killing 34,000 women & children in their newly invented concentration camps, forcing the Boer men to surrender.

The “bounty” was more than half the world’s Gold reserves and an estimated quarter of the world’s Diamond reserves…

…but that was only the beginning of the century long story…

[embed]https://youtu.be/KhwdAYOWATg[/embed
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The weak Rand makes investors move away from the currency, now rely on gold instead

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The rising gold price, the weak Rand that just can’t lift its head, coupled with the uncertainty over the country’s economic situation, has moved investors away from the money unit.

Currently, Investgold is selling up to 5,000 gold coins per week, which is a strong indication that confidence in the Ramaphosa regime is continuing to decline.

Gold mining companies have also begun to focus on the trend of a gradual upturn in the price of precious metal, which has now reached its high price over the past five years.

The Rand, which is also showing its worst against the dollar since 2016, has forced investors to play safe and trust gold instead.

In November last year, the gold price was still at $ 1,150 an ounce, but is currently at $ 1,526, which is the highest for the past decade.

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Africa Still Struggles To Mine Its Own Gold – Tanzania Gives Chinese Licence To Build Refineries, Smelters and Mines

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Africa’s fourth-biggest producer of gold, Tanzania, has awarded licences to China to construct a mineral smelter and two gold refineries. The Tanzanian government seeks to generate more revenues from the nation’s mining industry.

According to Minister for Minerals Doto Biteko, 37 Chinese companies expressed interest after the government invited bids from mining firms to build smelters and refineries there.

“After carefully assessing the financial capability and history of those companies, we have issued licences for the construction of two gold refineries and a smelter,” Biteko said as cited by Reuters.

“We will also soon award special mining licences to two companies to build large-scale mines, whose individual investment is above $100 million,” he added.

The government said it had set up 28 mineral trading centers since March to impro
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