Which US presidential candidate does gold prefer?
Gold loves chaos and should be hitting new highs, especially with inflation coming down and with it, two rate cuts likely before year’s end.
Pharaoh Gold Mines NL, Centamin’s wholly-owned subsidiary, signed gold exploration contracts with Oman, Saudi Arabia, Ethiopia and Sudan.
The company has already started exploration at four sites in Ethiopia with 2,000 miners at each site.
Pharaoh Gold Mines also holds a concession for Egypt’s Sukari gold mine considered among the top 10 gold mines in the world. Sukari has a weekly output of around 150 kilograms of gold.
Source (Arabic): Mubasher
