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The largest mill for processing gold ore is being tested on the Kolyma mine
The mine Matrosov of "Polyus Gold", which is located in the Magadan region, experiencing the world's largest spherical mill for processing gold ore. Now it is working in a test mode, the start of commercial operation is scheduled for February 2014. Start of the mill will be possible after the installation of equipment and construction of gold extracting factory in the Natalkino field.• Category: About gold • Publication date: 2013-11-06 10:00
The value of gold grew on the third stage of the QEIII programOn Monday, November 4, the value of gold grew by 1,5 dollars or by 0,1% and made 1314, 70 dollars per one troy ounce, what was conduced by the continuation of the third stage of the quantitative easing of QEIII program of the Federal Reserve System of the USA.• Category: About gold • Publication date: 2013-11-05 16:00
The price of gold falls under the pressure of expectations of the FRS of the USA and a dollar actionsOn Thursday, October 31, the price of gold fell for $ 20, the reason of that became speculation round turning of the stimulating programs of the FRS of the USA. On this occasion, Jonathan Citrin, the executive director of CitrinGroup CEO spoke, having noted interest to the gold price behavior under the influence of expectations of turning of monetary stimulus in the near future.• Category: About gold • Publication date: 2013-11-04 11:00
Gold mining sites are found in PrimoryeIn the south of Primorye geologists found prospective sites for gold and copper mining which location is still a commercial secret. The press secretary of the geological prospecting enterprise "Primorgeologiya" Marina Popova reported about the discovery of the sites suitable for gold mining in the future, and she also told that their value is confirmed by numerous geochemical researches.• Category: About gold • Publication date: 2013-11-01 11:00
The value of gold falls after results of the meeting of FRS of the USAOn Thursday, November 21, the value of gold decreased for 14 dollars, or for 1,04% and made 1334,1 dollars per one troy ounce. Falling of the price was promoted by the results of a two-day meeting of the Federal Reserve System of the USA. So, it became known that the Committee on the open markets of FRS intends to continue monthly repayment of mortgage papers and state bonds on 85 billion dollars.• Category: About gold • Publication date: 2013-10-31 10:00
The price of gold reached a five-week maximumDuring five last weeks the price of gold was increased to a maximum, it was caused by the expectations of participants of the markets concerning the preservation of stimulating measures by the Federal Reserve System of the USA. Only for two last weeks the precious metal price was grown for 6% against a weak economic index. So, the price of gold on Monday, October 28, made 1351,31 dollars per one troy ounce.• Category: About gold • Publication date: 2013-10-30 10:00
The Australian company starts gold mining in UkraineThe Australian exploratory and gold mining company Korab Resources Limited declared the start of a drilling program of gold sulphide ores in the Bobrikovsky field in the region of Lugansk(Ukraine), which purpose is a potential expansion of a famous mineralization of rich ore with the content of gold and iron of a superficial bedding.• Category: About gold • Publication date: 2013-10-29 10:00
The field of Dzheruy has been put to the tenderAn active work is carried out on the tender organization on the development of the Dzheruy field. Valentin Bogdetsky declared at the press conference that carrying out and an outcome of the auction completely depend on the quality of preparation. For this reason he insists on involvement of the experienced companies which will help to organize this tender more professionally.• Category: About gold • Publication date: 2013-10-28 10:00
The Canadian company is going to begin a deep-water gold miningThe Canadian company Nautilus Minerals which is engaged in commercial development of a seabed for the purpose of production of non-ferrous metals, will start mining gold, silver and copper from an ocean subsoil in two years. So, the first deep-water development will be opened in 2015. The deep-water field Solwara 1 will be the place of production of precious metals, located in the Pacific Ocean at the depth of 1600 meters below sea-level. The project will be realized with support of the French company Technip.• Category: About gold • Publication date: 2013-10-25 10:00
The statistics of the USA affected positively on the value of goldBy the data of the stock exchanges, the value of gold reacted by the increase at statistics of the labour market of the USA during September, which became a striking evidence of the further continuation of the FRS course on support of the American economy. So, by the end of the auction on Tuesday, October 22, the December future for yellow metal made 1342,6 dollars per one troy ounce at the New York stock exchange Comex, risen in price by 26,8 dollars or by 2%.• Category: About gold • Publication date: 2013-10-24 10:00
There is one more way in Russia how to make investments in goldThe Moscow exchange opened auction of shares of the second Russian exchange fund FinEx Physically Held Gold, being under the direction of the FinEx ETF Ltd company. The main asset of this fund – standard gold bars with the weight in 12,5 kg, which are stored in the London storage Barclays.• Category: About gold • Publication date: 2013-10-23 10:00
The Emgoldex conference in CyprusOn October 12 a regular and long-expected conference of the Emgoldex company took place with great success in Cyprus! It was held in the most beautiful city of Nicosia — the business center of this Mediterranean state. The Conference took place in a conference hall of the luxurious hotel "Hilton Park Hotel" — one of the best hotels, located in the heart of the capital!• Category: Meetings • Publication date: 2013-10-22 13:00
The price of gold grows against expectations of a volume preservation of the QEIII programOn Monday 21, according to the exchange data, the price of gold grew due to a probable preservation of the current volumes of the quantitative easing of QEIII program by the Federal Reserve System of the USA. So, at 13:19 MT the December future on gold at the New York exchange Comex grew by 2,3 dollars or by 0,18%, and it means that the price of gold made 1316,90 dollars per one troy ounce.• Category: About gold • Publication date: 2013-10-22 10:00
“Seligdar” increased its gold mining by 1,5 timesThe Seligdar Holding, under the direction of which there is a production of gold in Buryatia, Yakutia and in the Altai territory, presented results of work of nine months 2013. So, it became clear that gold mining on mines of holding grew by 49,2% and reached 2,915 tons or 93,7 ounces of precious metal – it is by 1, 5 times more than for the similar period of last year.• Category: About gold • Publication date: 2013-10-21 10:00
Gold mining on Edikan mine in Ghana is prolongedThe Australian gold mining company Perseus Mining declared its intention to increase exploitation term of an Edikan field in Ghana. So, it was maid the decision on continuation of its work till 2024, and the reason for that was the growth of gold stocks on this mine.• Category: About gold • Publication date: 2013-10-18 11:00
The value of gold is being fallen and risen – it's a result of excitement concerning the default in the USAOn Tuesday, October 15, the value of gold was fallen, but not for long, as investors analyzed probable measures for the default prevention in the USA and came to the conclusion that politicians would manage to avoid it. Many investors now consider yellow metal as the instrument of hedging against instability of the American economy that, naturally, had to be reflected in its price.• Category: About gold • Publication date: 2013-10-16 15:30
Investors don't believe in probability of default in the USABy the results of the New York auction,taken place on Monday, October 14, the price of gold made 1274,3 dollars per one troy ounce. In the London cash market of precious metals the spot price of gold also fell lower than 1280 dollars per an ounce, to its three-month minimum. On the morning of Tuesday, October 15, the price of gold was established on the mark of 1272,25 dollars per a troy ounce.• Category: About gold • Publication date: 2013-10-15 16:30
The meeting of the Emgoldex company's Leaders in PortugalIn the most western capital of Europe, in the city with the history numbering of more than 20 centuries - the capital of Portugal - Lisbon at the end of September, 2013 a meeting of leaders of the Emgoldex company took place, where they shared their experience, successes and new ideas on promotion of our elite business.• Category: Meetings • Publication date: 2013-10-15 10:00
Sales of gold of the European Central Banks fellAccording to the World Gold Council, the sales volume of yellow metal by Western Europe banks for the last year decreased to a 25-year minimum. So, the Deutsche Bank Bundesbank within the fourth year of the CBGA-3 action sell 5 tons of gold, and the Czech national bank – 0,7 tons.• Category: About gold • Publication date: 2013-10-14 16:00
The value of gold doesn't react to a great demandOn Tuesday, October 9th, the value of gold fell to 0,9% and made 1308,0 dollars per one troy ounce. As we see, yellow metal is surely being held in the price range of 1300-1320 dollars per an ounce, despite existence of factors which could affect it towards its increase.• Category: About gold • Publication date: 2013-10-11 10:00
The Gedabek mine increased gold mining by 31%The main producer of gold in Azerbaijan – the Anglo Asian Mining PLC company – submitted data on gold output on a Gedabek field. So, gold mining level here was increased by 31% and positively affected to the value of the shares of the Anglo Asian Mining PLC company – they were risen in price for 4%. Effective work of the new leaching factory put into operation in June of the current year allowed to raise an industrial index.• Category: About gold • Publication date: 2013-10-10 10:00
The forcast of experts: this week the price of gold will be varied in the small rangeExperts of the informative-analytical center Forex Club expressed their views about the value of gold and how it will behave this week. So, they consider that this index will be varied in the range from 1270 to 1350 dollars per one troy ounce. The reason, for which the price of gold has no chances of prompt increase, is covered in positive changes in economy of the USA, being observed recently.• Category: About gold • Publication date: 2013-10-09 10:00
Gold outputs in the Indonesian gold field Martabe are increasedThe Hong Kong gold mining company, G-Resources Group, does incorrect forecasts on work of its mines, but its management isn't upset about it, as the forecasts are exceeded. So, the Martabe mine in Indonesia, belonging to the Hong Kong company, presented the volume of production of gold higher than the expected industrial index.• Category: About gold • Publication date: 2013-10-08 10:00
The Price of gold finished this week by sharp fallingOn Friday – on October 4th, 2013 – the price of gold showed the sharpest falling in three weeks in a row and it surprised analysts by that fact, as the closing of state institutions in the USA had to support that indicator.• Category: About gold • Publication date: 2013-10-07 11:00
Gold mining on the Australian gold field Mount Magnet grew by 6%The Australian gold mining company Ramelius Resources presented results of works on the mine Mount Magnet. So, in the third quarter, the project broke the record on gold mining – in the reporting period 18, 245 thousand ounces of gold were produced. Comparing to the previous period, when the production of yellow metal made 17,211 thousand ounces of gold, the current indicator showed the growth by 6%.• Category: About gold • Publication date: 2013-10-04 14:00
Analytics are puzzled – the value of gold didn't meet expectations on the growthSince the beginning of the week the value of gold came down to the minimum level for the last eight weeks and made 1277 USD per one troy ounce — the falling in 40 dollars caused a serious trouble in the market. That time as the majority of experts did the stake on the gold growth, the failure of budgetary negotiations in the USA Congress caused an opposite reaction.• Category: About gold • Publication date: 2013-10-03 18:00
The price of gold on “black Tuesday” in the USAThe White House and the Republicans couldn't come to consensus in a question of financing of the government within the budget for a new fiscal year. It led to the falling of the American dollar to the basket of world currencies and to the growth in price of precious metals. Besides, closing of state institutions took place nevertheless – the USA administration partially paused work for the first time in seventeen years, about one million office employees were sent on unpaid vocation.• Category: About gold • Publication date: 2013-10-02 19:00
Gold mining and production in Russia increased for 14,4%For the last six month of the current year mining and production of yellow metal in RF (Russian Federation) grew by 14,4% in comparison with the similar period of the previous year, and reached the point of 90,59 tons by growth of volume of mining, passing and secondary production. As the chairman of the RF gold miner Union Sergey Kashuba reported, the Russian gold mining companies won't begin to work for increase in production of precious metal...• Category: About gold • Publication date: 2013-10-01 10:00
The value of gold is under the influence of a financial situation in the USAThe working week began with the rise in a yellow metal price, which occurred owing to the probability of the USA public institutions closing. Experts consider the fixed indicator as the best quarter result of the year, that promoted still by uncertainty around the stimulating program of the Federal Reserve System of the USA. So, the value of gold was set on the mark of 1336,36 dollars per one troy ounce, and on Friday this indicator showed growth in 1% and made 1335,71 dollars per an ounce.• Category: About gold • Publication date: 2013-09-30 10:00
To buy gold in any kind - “Petropavlovsk” sells its stream gold fieldsOne of the largest mountain and the gold mining companies of Russia "Petropavlovsk" (the second for production volumes) declared sale of 76,62% of JSC Berelekh which owns the license for investigation and production of stream gold on the Magadan region territories.• Category: About gold • Publication date: 2013-09-27 10:00
The value of gold is being raised under the influence of the unemployment statistics in the USAAccording to the stock exchange data, on Friday, September 6th, 2013, the weak statistics of unemployment in the USA positively affected to the value of gold – fears of investors concerning reduction of support of the American economy by the Federal Reserve System of the USA decreased. So, at 20.43 MT the December future contracts (value of gold) at the New York stock exchange Comex rose in price for 1,4% that in a dollar equivalent means 14,3 dollars, and made up 1387,30 dollars per a troy ounce.• Category: About gold • Publication date: 2013-09-26 09:00
EMGOLDEX Summer Cruise 2013According to the results of work and participation in competition there were 20 winners, who went to the deserved rest on the magnificent liner, in cruise across the Mediterranean Sea: Barcelona — Toulon — Nice — Monaco — Monte-Carlo — Florence — Pisa — Rome — Popegh — Naples, 7 days and 7 nights of fantastic travel and paradise rest on one of the most well-known cruise in the world Liners — “Liberty of the Seas” — the second cruise liner in the world.• Category: Meetings • Publication date: 2013-09-24 21:00
The gold mines of Magadan flourish: investments into the gold go onGlobal investors have every reason to make investments into the gold, in particular, to invest into gold mining in Russia. The increase of the yellow metal mining both in Siberia and the regions of Far East confirms reasonability of investments. As for Magadan Oblast (Magadan Region), currently the works targeted to the development of necessary infrastructure for present and future gold mining companies are carried out in this area.• Category: About gold • Publication date: 2013-09-24 09:00
The Magadan fields are being prospered – investments in gold are being proceededWorld investors have all bases to make investments in gold and particularly in gold mining in Russia. Their expediency is confirmed by increasing in production of yellow metal in Siberia and Far East regions. As for the Magadan region, today in this area construction works of necessary infrastructure for operating and future mining enterprises are conducted.• Category: About gold • Publication date: 2013-09-24 09:00
Nordgold does the investment in gold and plans to increase gold mining up to 1 million ounces.Gold production volume of gold mining company Nordgold will reach 1 million ounces per a year already in 2016, and that will be promoted by full design capacity of the Gross field exit in Yakutia. It was declared by Nikolay Zelensky, the general director of the company.• Category: About gold • Publication date: 2013-09-13 10:00
Conference of Emgoldex in BarcelonaUnder sunny skies of Spain, in Barcelona, one of the most beautiful and unusual cities the conference of the Emgoldex took place from 6th till 7th August! Its special features were huge excitement and inexpressible scope. The conference was run just in the centre of this beautiful city: the hotel Constanza located in the very heart of the business district of Barcelona.• Category: Meetings • Publication date: 2013-09-10 15:00
Chinese made the record investments in gold n the 2-nd quarterDuring several weeks the investments in gold are becoming more attractive , as the value of yellow metal insistently is growing. According to analysts' opinion, it was promoted by the fact that investments in gold became very popular in China. According to the data published by the Chinese association of gold, in the second quarter of the current year demand for yellow metal in Heavenly Empire reached a record indicator – 385,5 tons that exceeds a last year's mark twice.• Category: About gold • Publication date: 2013-08-21 11:00
South Korea makes the investments in gold – the state increased gold and exchange stocks to a record levelThe central bank of the Republic of Korea reported about a record increase in gold and exchange stocks in July of the current year. So, on monthly results the investments in gold and a gold and exchange stock of South Korea are increased on 3,27 billion dollars and made 329,71 billion dollars, that since January, 2013 it is considered as a record indicator and is explained by growth of an exchange rate of not dollar assets.• Category: About gold • Publication date: 2013-08-19 09:00
Conference of Emgoldex in Perm, RussiaThe Company Emgoldex is continues developing, and the borders of its business activities are permanently extending like weeds grow! Another conference of the Company took place on August 9 in Perm, the capital of Western Ural. Having a great success, the conference gathered together 250 customers and leaders of Emgoldex Company.• Category: Meetings • Publication date: 2013-08-14 15:00
Conference of Emgoldex in Saint-PetersburgThe conference of Company Emgoldex took place in Saint-Petersburg, the capital of Russian culture from August 6 to 7. Its special features were ineffable charm and highly-topical program. The conference took place in the triumphant hall of luxurious hotel named Corinthia Hotel that is one of the best hotels situated in the very heart of the ‘City on Neva’.• Category: Meetings • Publication date: 2013-08-14 10:00