Local purchases can save costs for some central banks, against the backdrop of elevated gold prices. It's also a way to support local industries and bolster forex reserves. Central banks are ...

Mining company Vedanta Resources’ Black Mountain base metals mine, in the Northern Cape, will later this year become the first local mine to adopt a new-generation jumbo drill rig equipped with an ...

Central banks are increasingly looking to bolster their gold reserves. And they are turning to mines in their backyard to source the yellow metal. Besides being cheaper, securing gold directly from ...