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gold-mining

Foreign Officials express condolences about tragic road accident in Georgia

5 mins read

The FINANCIAL — The tragic incident took place on Sunday evening in the Dusheti Municipality, as a result of which a minibus fell down a rocky slope from around 80 meters. 17 people passed and 3 were seriously injured in a car accident on the Shatili Road in the Georgian province of Upper Khevsureti. Georgia receives condolences from foreign officials after this incident. By government decree, 25 August has been declared a day of mourning in Georgia in honor of the memory of the victims of the tragedy on Shatili Road. The state flag was lowered over the building of the…

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Foreign Officials express condolences about tragic road accident in Georgia

5 mins read

The FINANCIAL — The tragic incident took place on Sunday evening in the Dusheti Municipality, as a result of which a minibus fell down a rocky slope from around 80 meters. 17 people passed and 3 were seriously injured in a car accident on the Shatili Road in the Georgian province of Upper Khevsureti. Georgia receives…

Gold price hit record high since 2011

5 mins read

Gold hit its highest price for the first time in 9 years. After a 18% surge in 2019, gold prices have moved sharply higher this year. The positive trend in the gold spot prices is chiefly due to the escalation in the geopolitical tensions and uncertainty over the second stimulus package. Gold’s also getting support from a…

Gold price hit its highest since 2012

5 mins read

The FINANCIAL – Gold hit its highest price for the first time in more than seven years. Gold prices rose above the $1,700 per ounce level on Monday. After a 18% surge in 2019, gold prices have moved sharply higher this year amid coronavirus crisis and as central banks cut interest rates to try and…

Egypt announces an international exploration tender for gold-mining

4 mins read

The FINANCIAL — Egypt to launch bid round in March for gold exploration in Eastern Desert. Investors will be bidding on blocks which will be awarded to them within four months of the bid round being launched. Egypt issued new regulations after getting complaints from investors. The blocks will be administered under a free carry,…