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BOLIDEN– Ralph Rossouw has been appointed General Manager of Boliden’s zinc mine Tara, in Ireland. Ralph Rossouw has over 20 years’ experience in the international mining industry and is a professionally registered Chartered Mining Engineer in Australia, New Zealand, Canada and South Africa. Mr. Rossouw’s most recent assignments were as Chief Executive Advisor of Philex [...]
ENGLAND– Professor Martyn Poliakoff takes viewers on a tour of The Bank of England’s Gold Vaults. The Bank protects about £197 billion ($315bn) worth of gold, according to the mostly recently published figures. The film is produced by Brady Haran. The vaults are off limits, but the Bank of England Museum will let you lift [...]
OTTAWA – Bank of Canada Governor Mark Carney and Royal Canadian Mint President and CEO Ian E. Bennett will be available for an official photo in the Mint’s Gold Refinery Vault to promote the public sale of 100-year old Canadian gold coins previously stored at the Bank of Canada since 1935. This rare opportunity to photograph treasures of our past will [...]
WASHINGTON – Collectors may begin placing their orders for the United States Mint Presidential $1 Coin & First Spouse Medal Set – Chester Arthur on October 18, 2012, at noon Eastern Time (ET). The set includes an uncirculated quality Chester Arthur Presidential $1 Coin and an Alice Paul and the Suffrage Movement Bronze Medal. The [...]
According to the latest data released on Thursday, total gold sales by the US Mint this year are 530,000 ounces. The US Mint sold 2,584,000 ounces of silver in the month of October, bringing the total sales volume from January, February, March April, May June July, August, September and October to 28,379,000 ounces. Source: [ usmint.gov ]
Gold traded flat on Thursday as investor’s focused on the European Union summit and China’s economic slow down for a 7th quarter. “In the short term, the $1,730 support level will continue to feel a lot of pressure as investors focus on the euro zone summit,” said Chen Min, an analyst at Jinrui Futures in [...]
SOUTH Africa was expected to fall down the rankings of the world’s leading gold producers, according to Thomson Reuters GFMS which delivered its findings on first half gold industry statistics. In an article published by Business Day and Reuters, GFMS global head of metals analytics, Philip Klapwijk, was quoted as saying South Africa would become [...]
DETROIT – The price of Gold reacted positively to global inflation concern’s and potential falling Euro as the European Central Bank begin’s to take aggressive action to control the debt crisis and launch a programme of purchasing Italian and Spanish bonds. US Gold futures for December delivery eased US$1,699.00 on September 6th 2012. Our forecast [...]
Until the release of U.S. Fed minutes on Wednesday August 22nd, the gold price had traded in its narrowest range in August in 2-1/2 years, strait-jacketed by uncertainty among investors over what the U.S. central bank would do to aid a patchy economic recovery. The minutes showed the Fed would take measures “fairly soon” to [...]
DETROIT- The price of Gold reacted positively to global inflation concern’s and potential falling Euro as the European Central Banks begin to take aggressive action to control the debt crisis. US Gold futures for December delivery eased US$1,641.20 on August 22nd 2012. Globally, demand for physical Gold has been stagnant and in the short-term [...]
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