Physical gold buying waned in major Asian centres this week as bullion prices rebounded from recent lows, with dealers in India offering the metal at a discount for the first time in over a month as an uptick in local rates moderated demand.
News ID: 2198 Publish Date : 2018/09/18
Demand for physical gold was modest in India this week as the top bullion consuming state of Kerala coped with floods, while interest for the metal remained lacklustre elsewhere in Asia as buyers awaited a dip in prices.
News ID: 2181 Publish Date : 2018/08/28
Major Iranian mining companies produced an aggregate of 317.94 million tons of ores and mineral products during the first 11 months of the current fiscal year (March 21, 2017-Feb. 19), registering about 12% growth compared with last year’s corresponding period, the Iranian Mines and Mining Industries Development and Renovation Organization’s latest report said.
News ID: 2010 Publish Date : 2018/03/14
Scientists at the Fraunhofer Institute for Laser Technology ILT in Aachen, Germany, want to build a machine that is able to disassemble two mobile phones in one minute and remove its components to, later on, extract metals from them.
News ID: 1967 Publish Date : 2018/02/24
Gold imports to Turkey hit a record 370 tonnes in 2017, more than trebling from 106.1 tonnes, data from Borsa Istanbul showed.
News ID: 1858 Publish Date : 2018/01/28
Gold steadied below $1,250 an ounce on Monday after its biggest weekly drop in more than six months, with moves muted ahead of an expected interest rate hike from the US Federal Reserve this week, Reuters reported.
News ID: 1685 Publish Date : 2017/12/13
The buying of physical gold remained muted across major Asian centres this week as higher prices dented demand, though seasonal demand could boost activity in top consumer China next month.
News ID: 1604 Publish Date : 2017/11/29
Roy Cimatu, Philippines environment and natural resources minister, said on Tuesday he is hopeful that a ban on open-pit mining put in place by his predecessor would be lifted before the end of the year.
News ID: 1477 Publish Date : 2017/10/26
India tightened gold import norms for nominated agencies by New, the government said in a circular on Wednesday.
News ID: 1456 Publish Date : 2017/10/19
Shares in Freeport McMoRan Inc (NYSE:FCX) took a hit Friday following news that the President of Indonesia has pressed the world's second largest copper miner to wrap-up a deal in which the company gives a majority stake in its Grasberg mine to the country.
News ID: 1398 Publish Date : 2017/10/08
Demand for physical gold in Asia could pick up in the coming weeks as India's festival season drives interest in the metal, after high prices kept buyers at bay again this week.
News ID: 1287 Publish Date : 2017/09/10
On Thursday, gold's status as a hedge against uncertainty were burnished again as investors worried about impact of storms in the US and escalating geopolitical tensions marked down the dollar.
News ID: 1277 Publish Date : 2017/09/08
Shares in Freeport McMoRan Inc (NYSE:FCX) tanked Tuesday morning following the world's second largest copper miner’s announcement that it was giving Indonesia a majority stake in its massive Grasberg copper and gold mine
News ID: 1240 Publish Date : 2017/08/30
During the first four months of the current Iranian year (started 21 March 2017), Mouteh Gold Complex output increased 48 percent compared to corresponding period of last year
News ID: 1222 Publish Date : 2017/08/27
Gold hit its highest in 3-1/2 months on Friday as the dollar hit a one-week low after the new US finance chief poured cold water on the “Trumpflation trade” that had boosted the greenback this year.
News ID: 1002 Publish Date : 2017/02/26
After three years of losses, gold prices rebounded in 2016 and as a result physical gold demand dropped 20%, its lowest since 2009, according to GFMS analysts at Thomson Reuters.
News ID: 962 Publish Date : 2017/02/08
Mouteh Gold Mine produced 45 kilograms of gold bars during the nine months to December 20, registering a 35.5% growth compared with last year’s corresponding period, announced the mine’s managing director, Alireza Talari.
News ID: 909 Publish Date : 2017/01/25
Gold hit its lowest since February on Thursday, extending losses after its biggest monthly decline in more than three years, as a surge in oil prices boosted bond yields, denting interest in non-yielding gold as an alternative investment.
News ID: 707 Publish Date : 2016/12/04
Bolivian authorities accused the president of a mining federation and two of his top officials of the killing of deputy interior minister Rodolfo Illanes amid a bitter strike, officials said Saturday. Forty miners have been detained in the case.
News ID: 571 Publish Date : 2016/08/29
Outotec has been awarded a contract by Gold corp for the delivery of various process equipment for Peñasquito's pyrite leach process in Mexico.
News ID: 561 Publish Date : 2016/08/26
Condolence message of the Minister of Industry, Mining and Trade following the martyrdom of the President of Iran and his delegation
Condolence message from the CEO of Sangan Steel following the martyrdom of Ayatollah Raisi, the President and his companions
Leader declares five days of national mourning over loss of Raisi, FM
Iran president, FM killed in tragic helicopter crash