Investment planning with gold and silver
According to a Postbank survey, just one in six people earns less. This makes the right investment of assets all the more important
Published on
12/19/2020
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The consequences of the Corona pandemic are still rather uncertain. Nevertheless, around 60 percent of respondents expect their own financial situation to develop well in the new year. In the spring, the number of those who had suffered losses was still at 21 percent. Now it is around 18 percent. Four percent of Germans, according to the survey, have been significantly affected financially by the pandemic.
Caledonia eyes Zimbabwe brownfield project
Caledonia’s main asset in Zimbabwe is its 49% stake in the century-old Blanket mine, pictured here.
(Image courtesy of Caledonia Mining).
Caledonia Mining (AIM: CMCL) announced that it has entered into an option agreement that gives the company the exclusive right to explore and subsequently acquire the mining claims over an area known as Connemara North, located in the Zimbabwe Midlands.
Connemara North is the northern section of the currently closed Connemara mine which was previously owned by First Quantum Minerals and produced approximately 20,000 ounces of gold per year from an open-pit, heap leach operation. In 2001, the mine was placed on care and maintenance and in 2003, it was disposed of.
Caledonia Mining erwirbt Option auf ein anderes Explorationsprojekt in Simbabwe finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Instead, it’s scheduled to gut a rule forcing companies to disclose those bribes.
ROD LAMKEY/POOL/AFP/Getty Images
U.S. Securities and Exchange Commission Chairman Jay Clayton testifies before a House Committee on Financial Services.
Back in 2010, a little-known section of the major Dodd-Frank financial reform act looked poised to upend the way fossil fuel and mining companies did business abroad. Section 1504, also known as the Cardin-Lugar amendment after its Senate co-sponsors, Republican Richard Lugar and Democrat Ben Cardin, proposed to require resource extraction companies to disclose payments made to foreign governments: essentially, to disclose bribes they might be paying for the right to extract various natural resource deposits. Lawmakers and advocates explained that enhanced transparency would benefit American investors and help stabilize global supply chains, while also empowering citizens in foreign countries to hold their corrupt leaders accountable for looting the
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Caledonia Mining Corp. Plc has announced that it has entered into an option agreement which gives the company the exclusive right to explore and subsequently, if exploration is successful and at its sole discretion, acquire the mining claims over the area known as Glen Hume, a property situated in the Gweru mining district in the Zimbabwe Midlands that has historically produced significant quantities of gold.
Caledonia believes that Glen Hume offers significant exploration potential. The agreement covers an area of approximately 350 ha. with substantial evidence of gold mineralisation including historical mining activity. Caledonia has conducted airborne geophysics which indicates attractive exploration targets and has also conducted preliminary metallurgical work indicating favourable grade and recovery. A preliminary contract has been signed with the existing drilling contractor and a drill programme has been put in place.