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.
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.
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.