Zimbabwe central banker stockpiles gold to bolster ZiG currency
The ZiG - short for Zimbabwe gold — is the nation’s sixth attempt at having a functioning local currency in the last 15 years.
Africa’s biggest gold miner AngloGold Ashanti said on Friday it would acquire a 19.79 percent stake in Canadian gold and uranium producer First Uranium Corp for $30 million.
AngloGold said it would buy the stake, which consists of 47 million shares and priced at $0.64 a share, from South Africa’s Village Main Reef Gold Mining.
