Production of gold during the period from January to October, however, rose 0.8% to 115328 kg as against the production of 114364 kg in the same period last year.
Category: Bullion Street
Peru Oct Gold output down 13.3% Y Y Silver up 16.7%
Production of gold during the period from January to October, however, rose 0.8% to 115328 kg as against the production of 114364 kg in the same period last year.
Perth Mint Nov Gold sales down 52.7% M M
Sales of silver coins and minted bars also fell in November to 1,145,239 ounces, down 34.6% from 1,751,898 ounces a month earlier.
US Mint American Eagle coin sales surge in November
Strong demand came as spot gold prices fell around 7% to the lowest in nearly six years. This was the gold market’s biggest monthly drop in 2-1/2 years as traders and investors widely anticipated that the U.S. Federal Reserve will raise interest rates …
China’s this year Gold imports from Hong Kong may top 2014
Commerzbank sees potential for China’s 2015 gold imports from Hong Kong to top last year’s total despite a weaker October.
ASX, Perth Mint to develop Precious Metals derivatives
ASX proposes to distribute the new derivatives products to customers around the world using its 24-hour, globally connected network. The Perth Mint will provide physical precious metals and its world-class secure storage facilities in support of this. …
Platinum market to see modest surplus in 2016:WPIC
Mine supply, which rose 20% this year as output from major producer South Africa normalized after last year’s five-month miners’ strike, is expected to increase another 2% in 2016, largely on the back of gains in Zimbabwe, the WPIC said in its Platinum…
Barrick cuts 2015 Gold output forecast on Dominican mine issue
Barrick owns 60% of the Dominican-based Pueblo Viejo mine. Rival Canadian producer Goldcorp Inc owns the remaining 40%.
Russian Gold reserves grow by 600000 ounces in October
The value of Russian gold reserves rose by 3.45% to $50.58 million in October as compared to $48.89 million recorded in September.
Alecto Minerals acquires two Gold deposits in Zambia
Alecto will pay a total of GBP1.5 million to acquire the assets, to be covered by the issue of 943.8 million shares, GBP100,000 in cash and a deferred consideration of GBP307,500.