Articles related to Shandong Gold
 
Chris Powell - GATA
Chris Powell at New Orleans conference: Gold market manipulation update, November 2018
Since we met at this conference last year much new evidence of manipulation of the gold market by central banks and their bullion bank agents has been compiled and disclosed by the Gold Anti-Trust Action Committee. For example, a month ago a major bullion bank, the Bank of No
Saturday, November 3, 2018
Chris Powell - GATA
China gold firms pursue $1.5 billion Indonesia mine
Shandong Gold Group, one of the biggest Chinese miners of the metal, is among firms considering bids for EMR Capital's Indonesian gold and silver mine, people with knowledge of the matter said. China Gold International Resources Corp. is also exploring a possible bid for the Martabe mine in North Sumatra province, according to the people, who asked not to be identified because the details are private. EMR Capital, a resources-focused private equity firm, is weighing options including a sale of t
Wednesday, September 13, 2017
Mark O'Byrne - gold.ie
In Gold we Trust: Must See Gold Charts and Research
In Gold we Trust Report: Bull Market Will Continue The 11th edition of the annual “In Gold we Trust” is another must read synopsis of the fundamentals of the gold market, replete with excellent charts by our friend Ronald-Peter Stoeferle and his colleague Mark Valek of Incrementum AG. Key topics and takeaways of the report: – “Sell economic ignorance, buy gold …” – Many signals suggest that we are about to face a big shift within the financial and monetary system – 5 reasons why the gold bull
Wednesday, June 14, 2017
Chris Powell - GATA
China's Shandong Gold in $960 million deal for half of Barrick's Veladero mine
China's Shandong Gold Mining Co. Ltd. will pay $960 million for a 50 percent stake in Barrick Gold Corp.'s Veladero gold mine in Argentina, the Canadian miner said in a press release today. The deal, which confirms an earlier Reuters report about the talks, will also see the two firms look at jointly developing the nearby undeveloped Pascua-Lama gold and silver project that straddles the border of Argentina and Chile. Barrick added the two miners would also look at other additional investment op
Friday, April 7, 2017
Bullion Vault
Gold Price Stuck Below 200-Day MA as Merkel Snubs May, China 'Tries to Curb Bubbles'
GOLD PRICES again dipped and rallied back above $1250 per ounce in Asian and early London trade Thursday, unchanged from the end of last week with analysts continuing to point to the metal's 200-day moving average at $1260 as strong resistance to the first quarter's 8.6% gain. Asian stock markets closed lower but European shares held flat overall. The British Pound meantime held sharply below th
Thursday, March 30, 2017
Chris Powell - GATA
Shandong Gold says it may have found China's biggest gold mine
Shandong Gold Group Co., China’s No. 2 producer by output, said it discovered deposits in eastern China that could be the nation’s largest discovery as it pushes to add reserves. The Xiling mine in Shandong province told local authorities it had found 382.58 tons of gold reserves and that the volume could reach more than 550 tons once exploration is completed in two years, which would make it China’s largest mine, according to a statement today that cited the company on sdchina.com, a website su
Wednesday, March 29, 2017
Chris Powell - GATA
Fosun in exclusive talks to buy stake in Russian gold miner Polyus, Reuters says
Fosun International Ltd, is in exclusive talks to buy a large minority stake in Russia's biggest gold miner, Polyus, three sources with knowledge of the matter told Reuters, in what would be the Chinese group's maiden Russian deal. Fosun, an aggressive buyer known internationally for its purchase of French resort operator Club Med, is keen to invest in Russia and other emerging markets such as India, as it moves away from Europe and developed markets. Reuters reported in August that Fosun is als
Friday, November 4, 2016
Chris Powell - GATA
Chinese miners in talks for stake in Barrick's Veladero mine, Reuters says
China's Zijin Mining Group Co. Ltd. and Shandong Gold Mining Co. Ltd. have held separate talks with Barrick Gold Corp. to buy a 50-percent stake in its Veladero gold mine in Argentina, according to four sources with knowledge of the process. Veladero is one of Barrick's five core mines; all are in the Americas. It is expected to produce between 580,000 and 640,000 ounces of gold this year. The high quality of the mine, production capacity, and the prospect for geographical diversification have a
Thursday, October 27, 2016
Chris Powell - GATA
Shandong Gold said to be top bidder for $2 billion Glencore mine
China's Shandong Gold Mining Co. has emerged as the lead bidder for Glencore's gold mine in Kazakhstan, which may fetch about $2 billion in a sale, according to people familiar with the matter. Shandong Gold, one of China's largest gold producers, outbid other parties, including Silk Road Fund, which had teamed up with state-owned China National Gold Group Corp., the people said, asking not to be identified as the information is private. Glencore is still weighing all options for the asset, incl
Wednesday, September 28, 2016
Ronan Manly - Bullion Star
Chinese Gold Bar Photos – Lost in Translation
China is now in pole position as regards annual global gold mining output. Much if not all of Chinese domestic gold mining output is refined into standard gold by Shanghai Gold Exchange (SGE) approved refiners and then and sold through the SGE.  A lot of recycled gold in China also flows through the same refineries. As of 2013, there were at least 35 refiners across China accredited by the SGE to deliver gold ‘Ingots’ (bars of weights 12.5 kg, 3 kg and 1 kg) on the Exchange. The list is probably
Sunday, September 11, 2016
Bullion Vault
Gold Prices Slip as Yen Jumps, GLD Shrinks, India Demand 'Crazy Small', China Imports Retreat
GOLD PRICES retreated from an overnight rally in London trade Tuesday, dropping back below $1320 and hitting 2-week lows vs the Yen as the Japanese currency soared on speculation that the Bank of Japan won't unleash extra stimulus in Friday's policy announcement. Betting on US interest-rate futures again put the odds of a rise to 0.75% at Wednesday's Federal Reserve meeting at less than 1-in-20.
Tuesday, July 26, 2016
Chris Powell - GATA
China's Silk Road said to consider offer for $2 billion Glencore mine
China's Silk Road Fund, a $40 billion pool set up to invest along the nation's ancient trade routes with Central Asia, is discussing a joint bid for Glencore Plc's gold mine in Kazakhstan, people with knowledge of the matter said. The Silk Road Fund is partnering with state-owned China National Gold Group Corp. on a possible joint offer for the Vasilkovskoye mine, which could fetch about $2 billion, according to the people. The group is in discussions with Glencore, though there's no certainty i
Wednesday, July 6, 2016
John Rubino - Dollar Collapse
Gold Mining Buy-Out Binge Coming, And That's A Mixed Blessing
This is a good news/bad news story. Say you're one of the many people who bought junior gold and silver mining stocks a few years ago -- and then watched in horror as they fell day after day, week after week, finally settling at pennies on your dollar. Then, just as they seem to be recovering, you're notified that some big miner with much less spectacular upside potential is buying one of your little lottery tickets for a premium to the current price -- but a fraction of what you paid
Wednesday, May 25, 2016
Jan Nieuwenhuijs - Bullion Star
The Mechanics Of The Chinese Domestic Gold Market
This post is part of the Chinese Gold Market essentials series. Click here to go to an overview of all Chinese Gold Market Essentials for a comprehensive understanding the largest physical gold market globally. The Shanghai Gold Exchange (SGE) is by far the largest physical gold bourse in the world. China is the largest gold importer and gold mine producer globally and both of these supply channels flow through the SGE. The yearly amount of physical gold withdrawn from the SGE vaults has exceede
Thursday, March 12, 2015
Jan Nieuwenhuijs - Bullion Star
The Basic Mechanics Of The Chinese Domestic Gold Market
This post is part one of the Chinese Gold Market essentials series. Click here to go to an overview of all Chinese Gold Market Essentials for a comprehensive understanding of this gigantic physical gold market. The largest physical gold market globally is presently the Chinese domestic gold market. At the core of this market is the Shanghai Gold Exchange. China is the largest gold importer and mine producer globally, and because nearly all of these supply channels in the domestic market flow thr
Thursday, March 12, 2015
Jeb Handwerger - GoldStockTrades
Black Swans Increasing Investment Demand in Junior Gold Miners
Are the blacks swans waking you up from the summer doldrums? The technical signals are turning positive for gold (GLD), silver (SLV) and the junior gold (GDXJ) and silver (SIL) miners. The record shorts such as hedge funds and high speed traders who have been manipulating the paper market may soon run scared as major accumulation has entered the sector this month. Black swans are apparent all over the horizon which could boost gold and silver prices. Look at the news Russia cuts off Ga
Wednesday, June 18, 2014
24hGold - Noodls
AGM Address
Focus Minerals Ltd. 2013 AGM Supplementary Address Don Taig, Chairman & Acting CEO Fellow shareholders, I acknowledge that we all continue to experience different emotions concerning the performance of Focus Minerals. Plainly, it was a very disappointing year under review. The following address is not about making excuses for this performance by any stretch of the imagination. It is about explaining to you the context in which the company and its management were working, the responses
Wednesday, December 4, 2013
The Gold Report
Sprott's Charles Oliver Sees Momentum Building for Gold and Silver
Sprott's Charles Oliver says it's a great time to be heading up a precious metals fund.Gold and silver companies are trading at spectacular valuations, quantitative easings by the governments of the world are poised to strengthen the metals' prices even further, and more bargains could be had soon if investors dump stocks to avoid taxes.
Friday, October 26, 2012
Gold - The Gold Report
Sprott's Charles Oliver Sees Momentum Building for Gold and Silver

Friday, October 26, 2012
Investing in precious metals - The Gold Report
Sprott's Charles Oliver Sees Momentum Building for Gold and Silver

Friday, October 26, 2012
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