American financial company INTL FCStone, which provides consulting services to investors around the world, bought the German company CoinInvest GmbH with headquarters in Frankfurt am Main. Thus, the Americans decided to expand their direction in precious metals.
INTL FCStone announced Continue reading
US authorities have frozen assets of the Venezuelan company Minerven, which are located in the States. This company is engaged in mining and processing of gold. She is accused of supporting the Maduro regime.
According to Bloomberg, the US authorities Continue reading
After the price of palladium reached its maximum mark of $ 1615 per ounce on March 21, 2019, its value began to be corrected. Within one week, the price dropped by $ 270 or 17%, before a support level of Continue reading
Venezuelan authorities again took the gold from the reserves of the Central Bank of the country to keep the state economy afloat. This was reported by Reuters. But sooner or later, the “lifeline” in the form of gold will end. Continue reading
The World Gold Council (WGC) recently published data on the countries of the world that own gold in their international reserves. It follows from them that Qatar bought 9 tons of gold, increasing its gold reserves by 30%.
WGC updated Continue reading
The precious metal platinum is a very rare commodity. It can be mined in just a few places. Platinum is found in the earth three times less than gold. According to the World Platinum Council (WPIC), only 4 countries of Continue reading
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 Continue reading
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 Continue reading
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 Continue reading
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 Continue reading