Gov’t to buy 30% of large miners’ gold output from July 1: What We Know

Government has struck a deal with its large-scale mining companies to purchase 30% of their gold ​output beginning July 1, the government said on Thursday

The report indicates that the government has struck a deal with its large-scale mining companies to purchase 30% of their gold ​output beginning July 1, the government stated on Thursday, ‌as it seeks to boost foreign currency reserves and develop local refining capacity.