Hong Kong's gold shipments to mainland China slid more than 30% on the month to 47.478 tonnes in October the lowest since February. Data from the Hong Kong Census and Statistics Department showed the net gold flow in the first ten ...
Tags: Hong Kong, gold shipments, gold market, gold industry
Frontier Resources has been awarded two exploration licences on New Britain Island, Papua New Guinea that are prospective for copper and gold. The two licences cover a total of 2,780 square kilometers and are mostly unexplored though the ...
Tags: scrap gold, mining gold, gold price, gold market
Quintessential Resources has completed its AUD 1.77 million raising to accelerate exploration of its Bismarck copper and gold project in Papua New Guinea. The company will start a 1,000 meter diamond drilling program at the Irak Prospect ...
Tags: mining gold, gold price, gold market, gold per gram
Reuters reported that hedge funds and money managers sharply cut their bullish bets on gold futures last week on profit taking while an improving US economic outlook prompted them to switch copper contracts to its first net long in 4 weeks. ...
Tags: hedge funds, bullish bets, gold future, gold market
China–the largest jewellery market for the third consecutive quarter. Global gold demand in Q1 2012 was 1,097.6 tonnes,down 5%from the high demand levels seen in Q1 2011,according to the World Gold Council's Gold Demand Trends ...
Tags: gold, demand, import taxes