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.
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.
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.
Gold discoveries have dwindled since 2020, threatening future supply as production is set to peak in 2026 and decline afterward.
A study finds earthquakes may explain large gold nugget formation by generating electrical charges in quartz,leading to gold deposition
Inflection Resources and Fleet Space are using AI for a copper-gold survey in Australia’s Macquarie Arc to find new drill targets.
Weir to supply HPGR for De Grey’s Hemi Gold Project in Australia, boosting efficiency and sustainability.
Nutrien names Mark Thompson as CFO amid industry downturn.Q2 results showed mixed performance with lower earnings and sales but strong potash volumes.
Blencowe Resources partners to build a graphite facility in Uganda, producing 99.95% purified graphite for lithium-ion batteries.
Victoria Gold CEO John McConnell was fired by PwC after the company’s Yukon mine went into receivership due to a landslide.
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.
Iron ore prices jumped over 4.6% due to China's stimulus and rising holiday demand, marking the largest increase in over a year.
Vale may list its Base Metals division by late 2026,, and plans to invest $25 billion to boost copper and nickel.