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Home » Padenga bets on bullish gold prices
Companies & Markets

Padenga bets on bullish gold prices

written by Prisca Tshuma, Staff Writer 0 comments
Padenga recently restructured to major in mining, with the crocodile business now constituting a minor segment of its operations.
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PADENGA Holdings says the ongoing surge in gold prices will significantly improve the group’s annual revenue. Gold spot prices breached the US$4 000 mark in the second half of the year, attributed to increased investor demand for gold as well as strong buying power by central banks. The group operates a mining portfolio, Dallaglio and…

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