Tuesday, July 28th 01:21 PM

Measures to boosts recovered ore-grade at the Cullinan underground mine in the fourth quarter resulted in an increase to 23.1 carats per hundred tonnes from 20.9…..Continue

ICE Futures Singapore names vault operator, assayer for new Gold contract

  • The ICE One Kilo Gold futures contract, which is set to launch later in 2015, will trade and clear at ICE Futures Singapore and ICE Clear Singapore. The underlying gold bars for physical delivery will be stored at Singapore vaults operated by Brink's, a global leader in security-related services.

Northern Star posts record Gold sales in Q4

  • The price received in the June quarter averaged A$1,497/ounce and A$1,453/ounce for full year compared with the current spot price of ~A$1,500/ounce.

Acacia Mining profit falls 64% Y/Y in H1

  • The company produced 367,301 ounces of gold in the first half, up 6% from year earlier. Gold sales during the period recorded at 355,470 ounces, up from 330,947 ounces recorded in the period a year earlier.

Rajesh Exports acquires Gold refinery Valcambi for $400 mn

Adelaide Resources intersects Gold mineralisation at Eyre Peninsula project

  • Individual assay samples returned results of 16.7g/t gold and 13.2g/t gold indicating the presence of a high grade component in the mineralised zones.

Newcrest Mining raises Q4 Gold production

  • For the full year to June 30, Newcrest produced 2.42-million ounces of gold as against the production of 2.39-million ounces in the corresponding period last year.

B2Gold Corp. Q2 Gold revenue up 14% Y/Y

  • The 14% increase in gold revenue was mainly attributable to an approximately 22% increase in gold sales volume, partially offset by an approximately 8% decline in the average realized gold price.

Fresnillo raises 2015 Gold production outlook by 6.6%

  • Silver production for the quarter ended 30 June grew by 2.7% to 11.3 million ounces, while gold production rose 16.8% to 181,985 ounces.

Silver Lake's Gold output, sales drop in Q4

  • Gold sales for the full year reached 124209 oz - above the guidance of 120000 oz.
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