Down the road from Uganda’s main international airport, the gold refinery once controlled by the sanctioned Belgian gold entrepreneur Alain Goetz sits behind a “no access” sign. The African Gold ...

The administration is brokering deals in a notoriously corrupt industry, including one with a company that the United States deems a security threat. Times investigation The administration is ...

During the last week of January, as gold blew past $5,500 an ounce and every jewelry drawer in America suddenly held real money, United Precious Metal Refining (United PMR) stopped accepting new ...

South Africa’s Central Energy Fund outlined plans to revive oil-refining capacity that will see local processing of crude at least triple, potentially reducing dependence on fuel imports. The CEF ...

Refiners are set to reap stronger profits on the global diesel shortage, Goldman Sachs has said, revising its earlier profit forecast to double the total profits that refining companies would make ...

The price of gold has experienced big swings in 2026 after hitting a record early in the year above $5,000. Last week, the precious metal, along with silver, turned in its best performance in months.

Phillips 66 (PSX) expects soaring refining margins will last through the next quarter and into 2027, as the impacts of supply disruptions from the war in Iran likely will continue to weigh on markets ...

The world’s shrinking spare capacity to produce gasoline and diesel is running up against the White House’s desire to temper the rise in pump prices ahead of the midterms. The chief executives of ...

On 3 July, Guinea announced that, within 90 days, the export of raw gold would be prohibited. Once the transition period expires, only gold refined domestically to a purity of at least 99.5% will be ...

DAKAR, June 29 (Reuters) - Guinea aims to become a regional gold refining hub, its mines minister said, joining a broader push by West ‌African producers to process bullion locally rather than ...

Every week, hundreds of millions of dollars in gold bars are flying out of vaults in lower Manhattan and northern New Jersey. Most are bricks weighing about 2.2 pounds, the kilogram size that Asian ...