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Tag Archives: gold

Gold shoots to seven-year peak on weaker dollar

Just after 1230 GMT, gold rallied to $1,731.25 an ounce on the London Bullion Market, striking a peak last seen in November 2012. The dollar slid against main rivals Tuesday in the wake of the Federal Reserve’s ongoing stimulus policies that are aimed at cushioning the blow to the world’s …

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Gold sparkles in COVID-19 shadow

London, United Kingdom | AFP |  Gold, prized by investors in times of crisis as a safe haven, is experiencing surging demand in the face of the coronavirus outbreak — from both commodity traders and retail buyers. The precious metal had forged a seven-year peak on commodity markets this month as …

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Artisanal mining terrain promising but full of uncertainties

Mubende, Uganda | THE INDEPENDENT  |  Although the terrain of Artisanal and Small Scale Mining-ASM in Uganda is promising with several developments and most remarkably the policy shift, several actors including miners and civil society organizations paint a faint picture for the future. A smile has returned on the face of …

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Is it Joshua Cheptegei time?

Sunday 8PM ➡ 10,000m F – Joshua CHEPTEGEI | Abdallah Kibet MANDE SATURDAY RESULT 🇺🇬 Marathon ✳ Fred MUSOBO in 13th  2:13:42 ✳ Stephen KIPROTICH in 18th 2:15:04 ✳ Solomon MUTAI (DNF) ➡ Winner ✳ Lelisa DESISA ETH Ethiopia 2:10:40 Kampala, Uganda  | LOUIS JADWONG |  Ugandan women have done it twice already, …

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Suspect David Kironde denies defrauding Canadian national in gold scam

Kampala, Uganda | THE INDEPENDENT |  David Kironde alias Sam Ssimbwa Daudi, a 39-year-old employee of Kololo based Southern Mineral Company has denied defrauding a Canadian National Assi Soubhi. Kironde and four other suspects Stella Kalungi Dindi, Richard Kamugisha, Nasser Kibirige and Yazidi Kabonge are facing five charges of conspiracy to …

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Who stole gold toilet from British Palace?

Solid gold toilet stolen from English stately home London, United Kingdom | AFP | A gang of thieves on Saturday stole an 18-carat gold toilet from Britain’s Blenheim Palace, police said, causing flooding that damaged the world-famous stately home. The fully-functioning toilet, dubbed “America”, was created by Italian artist Maurizio …

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