Firmer bullion prices boost Padenga

Zimstat noted that second-quarter output exceeded the previous quarter by more than 4 000kgs.

PADENGA Holdings (Padenga) netted US$130,68 million in revenue during the half-year ended June 30, 2025, up 38 percent from the comparable period last year driven by firmer gold prices.The gold spot price closed the period at US$3,264 per ounce (oz), up from US$2,402/oz at the start of the year, representing a 36 percent increase.Global political…

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