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Wall Street analysts expect gold's rally to keep going in 2025 after the precious metal saw its biggest annual jump in 14 years. On Thursday, gold futures jumped more than 1% to hover above $2,670 ...
Spot gold also rose to a new high north of $2,690 per ounce. Year to date, gold is up more than 30%, beating out the S&P 500’s gain of 22% and making it one of the best-performing commodities of ...
Gold prices were set to end a record-breaking year on a positive note on Tuesday as robust central bank buying, geopolitical uncertainties and monetary policy easing fuelled the safe-haven metal's ...
Gold climbed to a new high on Tuesday while silver also rallied as investors went long on metals amid US election uncertainty and Wall Street's expectations of lower interest rates.
Mining in New Zealand began when the Māori quarried rock such as argillite in times prior to European colonisation. [1] Mining by Europeans began in the latter half of the 19th century. New Zealand has abundant resources of coal, silver, iron ore, limestone and gold. It ranked 22 in the world in terms of iron ore production and 29th in gold ...
In 1935 New Zealand gold output peaked during the depression, with two-thirds by the Waihi Company which was the largest of the four major companies. That year for tax reasons the Waihi Company was split into three, including the Martha Company which controlled the Martha Mine. [2] By the 1950s the mine was struggling due to a series of factors.
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Christopher Reilly (sometimes spelt Riley) was an Irish gold prospector who participated in the Otago gold rush in New Zealand in the 1860s. [1] In 1862, Reilly discovered gold on the Clutha River with Horatio Hartley. The location was proclaimed as the Dunstan goldfield on 23 September 1862. [2] [3]