On the results of 2016, Johnson Matthey (JM) expects for shortfall of 843 ounces (26,2 tons) of palladium in the global marlet within the next year which is almost in double more than in 2015 - 447 thousand ounces.
National gold mining company of the Republic of Kyrgyzstan JSC "KyrgyzAltyn" - the largest shareholder of Canadian Centerra Gold, has expressed doubts about the transparency of operations at Kumtor field, - said in a statement of "KyrgyzAltyn", published on the company's website.
“Within the period from April 13 to May 17, 2016, markets of precious metals continued to grow and the spreads between gold and silver as well as gold and platinum narrowed.
In the first quarter of 2016, platinum shortfall in the global market amounted to 275 thousand ounces (8.55 tons) compared to the excess of 115 thousand ounces in the fourth quarter of last year, according to the report of World Platinum Investment Council (WPIC).
American billionaire George Soros gets rid of his stock investments in the United States, according to the quarterly report of his Foundation. Instead businessman invests in companies related to gold market.
Uralnedra plans on June 30 to hold a tender for the deposit of placer gold - the SylvitsaRiver tributaries in the Sverdlovsk region, according to the the tender papers.
In January-March 2016,ZolotoKamchatki (included in Renova) increased its gold production by 186% compared to the same period last year to 1.493 tons (48 million ounces), silver production by 583% to 1.82 tons (58.51 ounces), the company reports.
The price of gold in the period from April 26 to May 13 rose by 1.9% to 1265.9 USD / ounce, silver - fell by 1.4% to 17.09 USD / ounce.