Gold imports to China in february 2019.
According to the data of the Business Recorder portal, in February 2019, net gold imports to mainland China through Hong Kong decreased by 13.6% compared with January. Economic problems in the country have a negative impact on the desire of consumers to buy gold. The…Read More
The largest gold mining company fined in Argentina.
Authorities in the Argentine province of San Juan fined Barrick Gold, the world’s largest gold mining company, for more than $ 9 million for leaking cyanide last year. A Canadian company was fined for breaking the rules after cyanide, used to extract precious metal, got…Read More
WGC analytics: central banks are betting on gold more.
The World Gold Council recently published data for February 2019 on the gold reserves of some countries. The total volume of gold of central banks increased over this period by 51 tons. For private investors, the publication of data on the gold of central banks…Read More
South Africa: gold mining falls in january by 22%.
The gold mining industry in South Africa is in a severe crisis and can’t reach the growth of gold mining. As it became known recently, in January of the current 2019 a decrease in gold production was recorded in comparison with January 2018. As previously…Read More
WGC: 11 central banks bought gold for 2 months of 2019 g..
The World Gold Council (WGC) has published a list of Central Banks, which in the first two months of 2019 increased the gold reserves of their countries. At the same time, Uzbekistan first appeared in the WGC rating with 342 tons. The review from WGC…Read More