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.
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).
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).
October 13, 2016 Dalnedra plans to hold auction in four sites of placer gold in the Khabarovsk Territory, follows from the bid materials.
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.
Kolyma Rossyp CJSC won the auction for two sites of placer gold in the Magadan region, follows from the materials on auction results.
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.
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.