Demand for gold bullion ’skyrocketing’ in Australia
March 11, 2010 by
Filed under Gold Investments
Gold bullion is proving to be an attractive option for many investors in Australia, as one commentator has noted sales of the precious metal are "skyrocketing".
Precious metal sales manager of Gold de Royale George Vo says that people in the country have been rushing to purchase Swiss gold bullion in response to the recent economic crisis and expectations of a future financial market meltdown.
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Turkish gold exports total $1.1bn in 2009
March 11, 2010 by
Filed under Gold Investments
Turkey exported $1.1 billion (£738 million) worth of gold jewellery to international markets last year, according to new figures.
Statistics from the country’s Export Promotion Center show that its biggest customer was the United Arab Emirates, which bought $348.9 million worth of gold jewellery.
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Commemorative gold medals awarded to top scholars
March 11, 2010 by
Filed under Gold Investments
Gold medals have been awarded to eight international scholars and scientists who have excelled in their fields of work over the last year.
The Saudi Arabia-based King Faisal Foundation’s annual prizes of 22-c gold commemorative medals, money and a certificate were presented to experts from countries in Europe, the Middle East and North America by King Abdullah in a ceremony earlier this week.
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DRC ‘could become Africa’s biggest gold producer’
March 11, 2010 by
Filed under Gold Investments
The Democratic Republic of Congo (DRC) has the potential to become a significant player in the African gold mining sector, it has been claimed.
Speaking at an event in Toronto held by the Canada-South African Chamber of Commerce, chairperson of Banro Simon Village said it is possible that the DRC will be seen as just as viable an investment decision as fellow gold-producing nations Ghana and Tanzania in ten years’ time.
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US women pilots awarded Congressional Gold Medal
March 11, 2010 by
Filed under Gold Investments
The Congressional Gold Medal has been awarded to the Women Airforce Service Pilots (WASP) who operated during World War II.
In a ceremony held in Washington DC yesterday (March 10th), the two surviving members of the WASP and familial representatives of its deceased pilots received the medal for their service ferrying American military planes during the war.
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Texas auction to offer gold numismatic rarities
March 11, 2010 by
Filed under Gold Investments
A variety of rare US gold coins and bars are to be offered to bidders at an auction in Fort Worth, Texas later this month.
Heritage Auction Galleries’ Signature US Coin Auction at the American Numismatic Association’s National Money Show will feature a range of rarities between March 25th and 28th.
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Chinese gold output rises in January
March 11, 2010 by
Filed under Gold Investments
Gold production in China reached 21.81 tonnes in January, representing an increase of 8.13 per cent compared with last year.
This is according to new figures from the country’s ministry of industry and information technology, which show that 17.8 tonnes of the precious metal was produced by gold mines, a rise of 4.28 per cent over January 2009, China Mining reports.
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Peru to boost gold mining investment, says minister
March 11, 2010 by
Filed under Gold Investments
One of the world’s biggest gold producers, Peru, is to increase investment in its mining industry by more than seven per cent this year as the country emerges from the economic downturn, the country’s energy and mines minister has claimed.
Speaking to Reuters at the Prospectors and Developers Association of Canada (PDAC) convention in Toronto, Pedro Sanchez said funding for mining operations is expected to top $3 billion (£2 billion) in 2010.
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Allied Gold resources top 2m ounces
March 11, 2010 by
Filed under Gold Investments
Measures and indicated resources for Allied Gold’s Pigiput and Pigibo deposits have increased by 170 to over two million ounces of gold following an estimate update, the company has announced.
Resources at the Pigiput deposit were put at 41 million tonnes at 1.38 grams per tonne (g/t) of gold for a total of 1.82 million ounces of the precious metal.
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Gold locket containing lock of Mary Tudor’s hair on display
March 11, 2010 by
Filed under Gold Investments
An exhibition of items from the collection of 18th century historian Horace Walpole has opened in London, with a gold locket containing a lock of Mary Tudor’s hair among the objects on show.
The Horace Walpole and Strawberry Hill event at the V&A Museum runs until July 4th and features over 250 items from the collector’s possessions.
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