Latest News for: Gold reserves

photo: Creative Commons / freepik
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software.

Hedge Fund Veteran Mark Yusko Predicts Bitcoin Will Replace Gold, Unveils Massive BTC Price Target

The Daily Hodl 05 Dec 2022
... they moved off the gold standard and went to a fiat standard where they could devalue the currency faster because they had too much debt, but where is the gold going? It’s going to China, which I believe will be the next global reserve currency, it’ll eventually be Bitcoin.

The ‘gold for oil’ discourse

B & FT Online 05 Dec 2022
Africa is home to 60 percent of global arable lands, 90 percent of all raw material reserves, 40 percent of gold reserves, 33 percent of diamond, 95 percent of world uranium deposits, and has the largest bauxite reserves in the world besides huge manganese, crude oil and iron ...

Gold touches 5-month high as dollar dips, China relaxes Covid-19 curbs

Hindustan Times 05 Dec 2022
Gold prices steadied on Monday after hitting a five-month high, as the dollar edged lower after more Chinese cities relaxed COVID-19 restrictions over the weekend ... "The market still expects the Fed (Federal Reserve) to slow their pace of tightening, which is providing support to gold," said City Index analyst Matt Simpson.

This Announcement Contains Inside Information for the Purposes of Regulation (EU) 596/2014 as It Forms ...

Eagle-Tribune 05 Dec 2022
At US$1,600 oz gold, the La India open pit Mineral Reserve produces total revenues of US$888,000,000, the total operating costs of mining, process and G&A are US$480,000,000, leading to an operating profit of US$408,000,000 or a 46 per cent operating margin.
photo: WN / Ahmed Deeb
A Palestinian vendor displays a gold jewellery at a jewellery store in the Rafah Refugee Camp, Southern Gaza Strip on September. 19, 2011. Decline in demand for gold in the Palestinian markets due to the high price of $ 50 per gram, this high price in the global gold. ( Photo by Ahmed Deeb/WN)

Gold near 5-month peak as dollar dips, China eases COVID curbs

Reuters 05 Dec 2022
Dollar slips to over 5-month lowLondon body creates database of Russian gold bars ... gold futures ticked 0.1% higher to $1,812.10 ... "The market still expects the Fed (Federal Reserve) to slow their pace of tightening, which is providing support to gold," said City Index analyst Matt Simpson.

Fortuna Silver provides updated resource for Sunbird deposit at Séguéla gold project

Mining Dot Com 05 Dec 2022
The new resource estimation is in addition to Séguéla’s current mineral reserves of 12.1 milllion tonnes averaging 2.80 g/t gold containing 1.09 million ounces ... The Séguéla gold project currently consists of the resource-defined, near-surface Antenna, Koula, Agouti, Boulder and Ancien orogenic lode-style deposits.

Paramount Receives Permit to Drill Bald Peak Project in Mineral County, Nevada

The Roseburg News-Review 05 Dec 2022
uncertainties involving interpretation of drilling results; environmental matters; the ability to obtain required permitting; equipment breakdown or disruptions; additional financing requirements; the completion of a definitive feasibility study for the Grassy Mountain Gold ...

Tectonic Announces Completion of 2022 Inaugural Field Program at Flat Gold Project, Alaska

Eagle-Tribune 05 Dec 2022
(TECT.TSX-V)(TETOF.OTCQB(T15B.FSE) (the "Company" or "Tectonic") today announced the completion of the Company's inaugural field program at the Flat Gold Project ("Flat"), an intrusion-hosted, bulk tonnage gold project located in the Kuskokwim Mineral Belt of southwestern Alaska, some 40 kilometres ("km") north of the Donlin Gold Project.

S.Korea's foreign reserves rebound in November 05 Dec 2022
The country's foreign reserves were composed of 365.62 billion dollars of securities, 26.68 billion dollars of deposits, 14.65 billion dollars of special drawing rights, 4.79 billion dollars of gold ...
photo: Creative Commons / Amuzujoe
Street in front of National theater of Ghana

Ghana offers local debt swap as part of IMF bailout talks

Manila Standard 05 Dec 2022
Ghana, a top cocoa and gold producer, has oil and gas reserves, but its debt payments are high, and its revenues are weak ... Last month, Akufo-Addo fired the government’s junior finance minister, Charles Adu Boahen, over corruption allegations after he appeared in a documentary on illegal gold mining. ....

Korea's foreign reserves up in Nov. on dollar's fall

Korea Times 05 Dec 2022
Korea's foreign reserves increased in November as the dollar-converted value of holdings rose thanks to the greenback's fall, central bank data showed Monday ... Foreign reserves consist of securities and deposits denominated in overseas currencies, International Monetary Fund reserve positions, special drawing rights and gold bullion.

Boston 103, Brooklyn 92

Caledonian Record 05 Dec 2022
BOSTON (103) ... Totals 35-81 18-20 103. BROOKLYN (92) ... Totals 34-84 15-22 92. Boston35271328—103. Brooklyn27231923—92 ... Fouled Out_None. Rebounds_Boston 48 (Tatum 11), Brooklyn 45 (Claxton 14) ... Total Fouls_Boston 19, Brooklyn 18. A_18,043 (17,732) ... +7 ... Humphries wins monobob gold in return to Park City track ... All rights reserved.

Sudanese generals, pro-democracy group sign framework deal

The Lawton Constitution 05 Dec 2022
KHARTOUM, Sudan (AP) — Sudan’s ruling generals and the main pro-democracy group on Monday signed a framework deal until elections but key dissenters have stayed out of the agreement ... The force amassed wealth through its gradual acquisition of Sudanese financial institutions and gold reserves in recent years ... All rights reserved ... .

Proposed debt exchange programme will bring some confidence into economy – Dr. Addison

Joy Online 05 Dec 2022
The Governor of the Bank of Ghana, Dr ... This has led to high cost of borrowing and doing business in the country ... As the Guest of Honour, the Governor of the Central Bank, also said the banking sector lost some reserves as a result of some pressures on the local currency, hence the decision to introduce the domestic gold buying policy ... .

Lithium Chile nearly doubles Salar de Arizaro resource

Mining Dot Com 05 Dec 2022
The brine reservoir at the second well, located 3.6 km from the first production test well, had a greater thickness between 343 and 598 metres of depth ... Second phase ... The company has ownership in multiple high-grade lithium reserves in Chile and Argentina, as well as gold, silver, and copper properties. Share .

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Angolan billionaire businesswoman Isabel dos Santos
Creative Commons / Nuno Coimbra
Russian President Vladimir Putin, third right, listens to Deputy Prime Minister Marat Khusnullin, left, as he visits the Crimean Bridge connecting Russian mainland and Crimean peninsula over the Kerch Strait, which was damaged by a truck bomb attack in October, after restoration works, not far from Kerch, Crimea, Monday, Dec. 5, 2022.
AP / Mikhail Metzel, Sputnik, Kremlin Pool Photo via AP