Prøve GULL - Gratis
Gold boom sparks scramble for mines
Mint Hyderabad
|January 28, 2026
For years, hundreds of illegal miners known locally as zama zamas prospected for gold on this patch of land on the outskirts of the city with hammers and chisels in hand-dug tunnels.
Now, the site has been transformed into South Africa’s first new underground gold mine in more than 15 years, part of a global rush to boost production of a metal trading at record prices.
"It looked like a Mad Max movie,” said Rudi Deysel, chief executive of West Wits Mining, the Australian company that owns the mine. “I had to crawl on my stomach to go in there.”
Denne historien er fra January 28, 2026-utgaven av Mint Hyderabad.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Hyderabad
Mint Hyderabad
L'Oreal unsatisfied with its India growth
French cosmetics major L'Oreal is “not satisfied” with its performance in the Indian market, where it has not gained any market share in 2025 despite recording high single-digit growth, said its global CEO Nicolas Hieronimus.
1 min
February 16, 2026
Mint Hyderabad
Can't use insolvency law for contract fee dispute: NCLAT
Can a celebrity use insolvency courts to recover unpaid appearance or endorsement fees?
3 mins
February 16, 2026
Mint Hyderabad
New AI rules: What kind of digital society do we want?
Starting Monday, India will host the AI Impact Summit in New Delhi with heads of state, global tech leaders and policymakers in attendance.
3 mins
February 16, 2026
Mint Hyderabad
AI bubble fears are creating new derivatives
Debt investors are worried that the biggest tech companies will keep borrowing until it hurts in the battle to develop the most powerful artificial intelligence.
3 mins
February 16, 2026
Mint Hyderabad
MANMOHAN SINGH'S CALM AMID DIN IN PARLIAMENT
Last Thursday, when Rahul Gandhi was railing against the government, I was reminded of Manmohan Singh.
3 mins
February 16, 2026
Mint Hyderabad
AI risk is dominating conference calls, shakes markets
Investors are selling any firm perceived to be at risk.
1 mins
February 16, 2026
Mint Hyderabad
The real key to MF investing isn't timing—it's allocation
Indian investors should moderate their equity return expectations over a 5-10 year horizon.
4 mins
February 16, 2026
Mint Hyderabad
'Fundamentals of biz better in India'
British multinational consumer goods maker Unilever has said “fundamentals” of its business in India, its second largest market after the US, are improving.
1 min
February 16, 2026
Mint Hyderabad
Rich world’s growing civil unrest comes with an insurance sting
A category of insurance risk that hardly existed a little over a decade ago has morphed into a meaningful source of losses for the industry.
3 mins
February 16, 2026
Mint Hyderabad
Al firm Neysa to raise $1.2 bn from Blackstone, others
Proposed tax holiday until 2047 for cloud services is a primary driver for the expansion plan
2 mins
February 16, 2026
Listen
Translate
Change font size
