Following comments of a member of the Board of Governors of the Federal Reserve System, the probability that next week the decision will be taken to increase rates has dropped to 15%.
By the end of 2016, platinum deficit will be higher than expected. This will happen because of reduced mining, as well as of the steady low metal prices that will trigger the fall of the refinery volume.
According to the agency, in mid-September, the Ministry of Industry and Trade of the Russian Federationis going to announce a new acceptance for applications for the competitive selection of investment projects in priority areas of the industry.
According to the materials based on the purchase ofDalnedrafrom a single supplier by 2019 OAO Rosgeologiyawill evaluate the gold resources of the Burgalinskayaarea (46 sq. km) in Selemdzhynsky District of Amur Oblast.
On Wednesday,the gold price is rising against the background of investors’ expectations that the USAFederal Reserve System will not raise the interest rates at its next meeting in September; according to auction data the price of the precious metal has reached its highest level since August 5.
ULAN-UDE, September 6 - RIA/Prime. According to the tenders materials, on October 26 Tsentrsibnedra is planning to hold auctions for five gold-bearing fields in Buryatia, including Rudny with resources of about 30 tons.
IRKUTSK, September 7 – RIA/Prime. As the oblast government told Prime,in January-August of 2016 subsurface users of the Irkutsk Oblast extracted 15.165 tons of gold, which is 2.6% more than the index for the same period last year.
According to Elena Bezdenezhnykh, Vice President of Norilsk Nickel, in 2016, Norilsk Nickel is going to invest in the Bystrinskyproject40 billion rubles.