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Hunting for gold in Tanzania

Discussion in 'Habari na Hoja mchanganyiko' started by MaxShimba, Aug 17, 2011.

  1. MaxShimba

    MaxShimba JF-Expert Member

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    Aug 17, 2011
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    Gold Rush: Hunting for gold in Tanzania

    LONDON (Commodity Online): Hunt for Gold deposits has heightened around the world as countries led by global central banks and investors fascinated by the magic money sustaining power of the yellow metal are trying to amass gold.

    How much gold reserve you have is the question that everyone asks these days. While the 403 tons of gold sale by the International Monetary Fund (IMF) was lapped up by countries ranging from India to Sri Lanka, central banks are putting more emphasis on increasing their gold holdings.

    This unprecedented race for gold has resulted in a boom in gold prices in the last one decade. Gold price is now in the historic price range of around $1400 per ounce.

    Soaring gold price has greatly helped dozens of gold companies around the world. Companies are investing more money to mine gold.



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  2. MaxShimba

    MaxShimba JF-Expert Member

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    Aug 17, 2011
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    Hivi hizi huwa ni baraka au balaaa?
     
  3. Amoeba

    Amoeba JF-Expert Member

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    Aug 17, 2011
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    What do you mean?
     
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