EFCC Intercepts N211m Gold at Lagos airport
Operatives of the Economic and Financial Crimes Commission (EFCC) have intercepted gold worth about N211 million being illegally transported through the Murtala Mohammed International Airport, Lagos.
Ethiopia could be sitting on one of world’s great untapped gold deposits
To the west of Ethiopia near the Sudanese border lies a place called the Asosa zone. This may be the location of the oldest gold mine in the world. Dating back some 6,000 years, it provided a key source of gold to the ancient Egyptian empire, whose great wealth was famous throughout the known world.…
Gold shines in 2016 on keen investment demand
Demand for gold rose in 2016 to a three-year high, aided by keen investment appetite for the precious metal, the World Gold Council said Friday in a report.
Gold becomes investors’ favourite safe haven with Trump uncertainty
Some of Wall Street’s largest fund managers have taken a contrarian bet on gold, wagering that U.S. President Donald Trump’s governing style and upcoming elections in Europe will combine to
Gold exchange opens office in Nigeria, begins operation
In a bid to provide stress-free and easy to access short-term loans to individual and small business owners, a maiden Pawn brokering firm, Gold Exchange limited has resumed operations in Nigeria.
Gold bull market steadies after worst slump in three years
After the biggest swoon in gold futures prices in almost three years, the market steadied.
Ivory Coast cocoa farmers seek gold in face of drought
Once a cocoa planter, Ferdinand Konan Yao has joined the ranks of fellow farmers who have abandoned Ivory Coast's top cash crop to work in clandestine gold mines buried deep in the plantations.
Gold rally revives scrap recycling
The surprising rebound in gold prices this year has given new life to unwanted jewellery, coins and trinkets -- in the melting pot.
The Superstition Mountain
The Superstition Mountain is a city located east of the Phoenix metropolitan area in Arizona. It anchors the west end of the Superstition Wilderness. Although its precise origin is debated by geologists, many believe that the mountain was formed from volcanic activity as far back as 25 million years ago. The ash and basalt composed…