Category: Copper Bullion
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Indonesia Launches First Bullion Banks to Boost Domestic Gold Sector
Indonesia, a major gold producer, has taken a significant step in boosting its commodity sector by launching the nation’s first bullion banks. President Prabowo Subianto initiated these banks to provide gold deposit services, aiming to retain gold stocks within the country. Despite being a top gold producer, a considerable amount of gold mined in Indonesia…
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Ghana Inaugurates Royal Gold Refinery to Boost Mineral Value Extraction
Ghana, Africa’s top gold producer, has inaugurated a new refinery to enhance the value extracted from its mineral resources. The Royal Ghana Gold Refinery is designed to process 400 kilograms of gold daily, primarily sourced from artisanal and small-scale mines, which contribute significantly to Ghana’s annual gold output of around 4 million ounces. Additionally, a…