Industry News

01 Sep 2016
The auction for the Sukhoi Log may be held in November -December - Donskoy

The Ministry of Natural Resources and Ecology of the Russian Federation expects to hold an auction for the Sukhoi Log gold deposit in November-December 2016, said Sergey Donskoy, the head of the Ministry, to the reporters. 

24 Aug 2016
Results of exporting swiss gold in July 2016

According to the results of July 2016, Switzerland supplied 192 tons of gold to other countries. The main mass of this precious metal was sent to the UK. At the same time the largest supplier of gold was the United Arab Emirates (UAE).

24 Aug 2016
For 4 months of fiscal year Indian jewelers increased gold imports by 40%

India for four months of the fiscal year 2016-2017 (April-July) increased its imports of bank gold for the jewelry industry by 39.55% in value to $1.720 billion, according to the Indian Gem & Jewelry Export Promotion Council (GJEPC). 

24 Aug 2016
13/10 Dalnedra plans four auctions in the Khabarovsk territory

October 13, 2016 Dalnedra plans to hold auction in four sites of placer gold in the Khabarovsk Territory, follows from the bid materials.

24 Aug 2016
CITI raised its forecast for the price of gold in the second half

The investment bank Citi Research raised its gold price forecast for the third quarter to 1,340 dollars / ounce and the fourth quarter - up to 1,320 dollars / ounce, against 1,325 dollars and 1,280 dollars earlier, the bank reported.

23 Aug 2016
Kolymskaya Rossyp merged two sites

Kolyma Rossyp CJSC won the auction for two sites of placer gold in the Magadan region, follows from the materials on auction results.

23 Aug 2016
Lydian laid the first stone of Armenian project Amulsar

On August 19, Lydian International Ltd at the official ceremony laid the first stone in the construction of the Amulsar gold mining project in Armenia, the Company reported.

23 Aug 2016
In January-July Switzerland increased gold imports by 7%

Switzerland in January-July 2016 imported 1,507 tons of non-monetary and untreated gold for a total of CHF 44.055 billion (45.76 billion US dollars), against 1 410 tons a year earlier which was equal to CHF 37.8 billion, according to the statistical office of the country's customs.