Tag Archives: Gold

Swiss flushed away about $3.1m in gold and silver in 2016

While London’s sewers can get clogged with fatbergs made up of grease and diapers, it seems Switzerland’s waste system is flecked with silver and gold. Researchers last year detected 3 tonnes of silver and 43 kg of gold in effluent and sludge from waste water treatment plants – amounting to around 3 million Swiss francs ($3.1 million). But before people ...

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Recover lost gold export proceeds, punish culprits – Ali Nakyea

A tax expert, Ali Nakyea, has called for the recovery of revenue reportedly lost by the country due to the non-repatriation of proceeds made on the export of about $2.3 billion worth of gold from Ghana. He also called for those responsible for the loss of revenue to the country to be named and punished. The Daily Statesman Newspaper reported on ...

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Two remanded for stealing gold at shrine

Two men arrested over the theft of gold valued at GH¢174,116.00 from a shrine at Wiamoase, in the Sekyere South District, have been ordered by the Nsuta Circuit Court to be held in prison custody. Kwabena Mensah, and Akwasi Agyei, are facing separate charges of stealing and dishonestly receiving, respectively. The former pleaded guilty while the latter denied the crime. ...

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Obrempong writes: Prestea; a town of gold with ugly roads

The name Prestea sounds familiar right? Yea, it’s a long known town in Ghana for obvious reasons. It’s a land rich in gold. In this town and its environs are large scale mining companies such as [Golden Star Resources – Prestea]; small scale mining companies, and several youths engaged in illegal small scale mining. It’s a golden city where a ...

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Wall Street panics over Trump presidency; Peso plunges; Gold surges

U.S. stock futures are dropping as traders consider a future with Trump in the White House. The Dow Jones industrial average, S&P 500 and Nasdaq are all down by roughly 2% to 3% ahead of the open. Losses were more dramatic earlier in the night with Dow futures plunging more than 900 points. Dow futures are now off by only ...

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