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Emirates News Agency - Ministry of Economy reviews due diligence guidelines to ensure responsible gold supply chain

ABU DHABI, 21st July, 2022 (WAM) -- The Ministry of Economy (MoE) today held a media briefing on the issuance of the Due Diligence Regulations for Responsible Sourcing of Gold, in line with the Federal Decree-Law No. 20 of 2018 concerning anti-money laundering, combatting the financing of terrorism, and the financing of illegal organisations and its executive regulations. The announcement of these guidelines is the latest in a series of initiatives and policies launched by the UAE to enhance and...
Safeya Al Safi Ministry Of Economy Financial Action Task Force Ministry Of Economy Mo Emirates Gold Bullion Committee Money Laundering Department
Source: wam.ae

Minister Gwede Mantashe must act now and withdraw the mining licence against Sibanye-Stillwater

The National Union of Mineworkers (NUM) urges the Minister of Mineral Resources and Energy (DMRE) Gwede Mantashe to act now against Sibanye-Stillwater, revoking its mining rights in the gold sector. It has always been the NUM standing view that Sibanye-Stillwater under the leadership of Neal Froneman is the major destroyer of jobs in the mining industry in South Africa. This man is already threatening to issue Section 189 of the Labour Relations Act to retrench workers because of the current ...
South Africa Gwede Mantashe Neal Froneman Vincent Maphai Newzroom Africa National Union Of Mineworkers

Unions at Sibanye-Stillwater's gold operations headed for strike

A strike seems inevitable at Sibanye-Stillwater’s gold operations following a wage negotiation deadlock between the company and unions AMCU, the NUM, Solidarity and UASA. The Commission for Conciliation, Mediation and Arbitration (CCMA) has issued a certificate of non-resolution in respect of th ...
Commission For Conciliation Consumer Price Inflation Living Out Allowance Consumer Price Inflation Cpi Gold Sector Gold Wage Negotiations

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Lagos Commodities Exchange Set to List First Gold

Goddy Egene The Lagos Commodities and Futures Exchange (LCFE) is set to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying assets in a sector worth over N300 trillion. Addressing journalists at the pre-listing media interactive session in Lagos, the Dukia Gold’s Chairman of Dukia Gold, Mr. Tunde Fagbemi, said that the instruments which would be in form of Exchange Traded Notes (ETN), Commercial Papers (CP) and other gold-backed securities would enable the...
City Of United Kingdom Ifie Sekibo Olusegun Akanji Goddy Egene Tunde Fagbemi

Australian Sectors Review January 2021

ThinkLearning: 3 Sectors to Watch in 2021 webinar on Wednesday 13 January, it is perhaps an opportune time to take a closer look at each of the major sectors within the Australian Market.   The Global Industry Classification Standard or "GICS" is the typical method for classifying stocks into groups which best define their business. There are 11 main GICS sectors for the Australian market and many sub-sectors to these. Each main sector has a corresponding index which aggregates the performance...
New Zealand Oz Minerals Zealand Banking Group Smartpay Holdings Bingo Industries Costa Group Holdings

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