Gold stock in the world stock investment funds (ETF) in July increased by 55 tons to more than 2 million tons, say Commerzbank and Citi Research.
Turkey increased gold imports in January-July 2016 by 17.7% to 30.157 tons compared to the same period of 2015, according to Istanbul Gold Exchange (IGE).
Konstantin Beirit, director of the Russian Fundsinvestment group, appointed as President of PAO Seligdar on August 5, 2016, according to the company's report after the meeting of the Board of Directors.
OOO Omolonskaya ZRK (OZRK, partof Polymetal) plans to resume gold production by heap leachingin 2017, and to produce 122 kg of gold and 445 kg of silver, said OGMC managing director Vladimir Bloshkin.
According to information provided by the Business News Agency PRIME, OOOZolotinka won the auction for two sites of placer gold in the Zeya district of the Amur region, with starting price for one of the sites raised by 740 times during the auction.
Gold production in Russia increased in January-May 2016 by 4.45% compared with the same period of the previous year - up to 86.7 tons from 83.01 tons, reported the Ministry of Finance of the Russian Federation with reference to data on the supply of raw materials to the Russian refiners.
“OAO Susumanzolotogot net profit of 1.025 billion rubles in the first half of 2016 according to RAS, which is 2.9 times more than in the same period of the previous year,”according to the Business News Agency PRIME.
Tsentrsibnedra scheduled auction on six sites of alluvial gold in Bauntovsky District of Buryatia to be conducted on 29September, according to the tender information.