Padenga eyes strong earnings on gold surge
“The gold spot price rose markedly, averaging US$4 875 per ounce during the period, compared to US$2 887 in the prior year, underpinning strong revenue growth,” Padenga said.
By Blessed Ndlovu
1h ago
Operating costs chew into Padenga profit
Padenga was also on a drive to reduce borrowing and the associated interest charges to sustainable levels and to improve profitability.
By Tatira Zwinoira
Sep. 26, 2023
