Padenga bets on bullish gold prices

Padenga recently restructured to major in mining, with the crocodile business now constituting a minor segment of its operations.

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…

Subscribe to read full article. Subscribe today

Related posts

Varun Beverages expands footprint in Zimbabwe

ZSE to gauge ZiG confidence this year

Econet completes network upgrade

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More