China was able to produce 10% of the world's gold production by the end of 2022. Moreover, it also imported 37% of the precious metal mined in the world last year.
Zijin Mining Group's South African subsidiaries Gold Quarry and Nkwe Platinum have partnered with telecommunications company MTN and Huawei technology group to build a fifth-generation platinum mine with wireless technology (5G).
The two Gold Quarry gold mines in Tanzania, Geita and Northern Mara, have increased their combined production to 547,000 1oz in 2022, taking another step towards their potential Tier 1 status in the group's asset portfolio as an integrated complex.
Gold and cryptocurrencies are often compared. But gold—what you can store—is very different from intangible digital cryptocurrencies.
Dar es Salaam, Tanzania. Gold Quarry Corporation announced today that it will spend $6 for every ounce of gold sold by its mines in the country to improve healthcare, education, infrastructure, and access to potable water and water in communities around them.
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