Buyer From:
United Kingdom
/
Quantity Requirement:
500 Ton
Requirements: - Acceptance of SBLC (Standby Letter of Credit) - Full payment only upon testing and smelting ore in South Korea - Seller to provide certificates of purity, export, and customs clearance Procedure: - Seller prepares 500kg/AU (21-23K). - Export customs clearance - After import clearance and purity inspection results, importer pays taxes. - Warehousing by Brinks and smelting (99.99%/24K) by Refinery (LS MnM/Korea Zinc). - Buyer pays for smelted gold - LBMA price.
Gold has hit record highs this year but faces reduced demand from high prices. Geopolitical tensions may sustain investor interest.
Gold typically declines in September, but strong demand and central bank purchases might help counter this trend.
A study finds earthquakes may explain large gold nugget formation by generating electrical charges in quartz,leading to gold deposition
The largest regional mining event in Australia 23-25 July 2025
A 4.8 earthquake near Muswellbrook on August 23, 2024, might be linked to the Mount Arthur mine, but tectonic forces are likely the main cause.
Gold discoveries have dwindled since 2020, threatening future supply as production is set to peak in 2026 and decline afterward.
Kinross Gold's Great Bear project could produce 518,000 ounces of gold yearly at $812/ounce, with a $1.9 billion net present value, starting in 2029.
Weir to supply HPGR for De Grey’s Hemi Gold Project in Australia, boosting efficiency and sustainability.
Power Nickel’s summer drilling expanded the Lion Zone by 50%, with more results expected by late September.
Inflection Resources and Fleet Space are using AI for a copper-gold survey in Australia’s Macquarie Arc to find new drill targets.
Volvo CE introduces three new electric mid-size construction machines: L120 and L90 wheel loaders, and EWR150 wheeled excavator.
Blencowe Resources partners to build a graphite facility in Uganda, producing 99.95% purified graphite for lithium-ion batteries.
Aptella partners with Torsa to provide collision avoidance systems for mining in Australia, New Zealand, and ..., enhancing heavy machinery safety.
Trafigura forecasts 10M tons of extra copper demand in the next decade due to EVs, AI, and infrastructure, boosting prices amid tight supplies.
China Mining Expo 2024 in Xi’an offers key R&D and partnership opportunities in mining tech, focusing on coal power and sustainable solutions.
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Join the inaugural Mining, Metals, and Circular Economy conference (Oct 29-30) to explore circular economy strategies in the mining industry.
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Graphite faces significant supply risks and challenges,including a forecasted 777,000tonne deficit by 2030, high reliance on China,and low ESG scores.
Join IMARC 2024 in Sydney (Oct 29-31) to connect with 600+ mining leaders, explore the entire mining value chain, and network across a vast expo.
Liebherr and Fortescue launched the Europa hydrogen-powered haul truck at Christmas Creek mine, aiming to test zero-emission technology.
Tribal warfare near Barrick Gold’s Porgera mine in Papua New Guinea has killed at least 20 people and briefly halted the mine’s operations.
Join the Financial Times Mining Summit with 65+ experts and CEOs to explore opportunities and risks in the volatile mining sector.
