Desert completes buyout of Ashanti Gold

What happens next is critical say mining companies currently operating in the country.

Analysts and reporters struggle for right metaphor to describe fall in gold price.

"If they do launch a buying program, the Swiss central bank would have effectively a constant bid in the market."

African Barrick’s North Mara mine, Tanzania’s largest gold producer, has been a flashpoint of clashes between locals and security forces for many years.

The ship will accommodate as many as 180 people and is expected to be delivered by the end of 2017.

In the video statement below, Peter Schiff makes a direct appeal to Swiss voters to pass the Save Our Swiss Gold initiative on November 30th

The company is confident in the precious metal it mines.

The people of Switzerland go to the polls on 30th November to vote on the gold initiative.

Rather than using the drop in the price of gold to stock up on cheap metal, investors continue to slash their exposure to the metal.