Mali Increases Sales Tax on Gold
Mining Weekly reported that the gold sales tax in Mali has been raised to 8%.
Articles Tagged "gold sales"
Akshaya Tritya Boosts India Gold Sales
Mineweb reported that gold sales in India are up during the country's annual gold festival.
Lower Gold Sales for First Uranium
Reuters reported that First Uranium's (TSX:FIU) gold sales fell by 15% in fourth quarter.
Polyus Gold Sales Rise in First Quarter
Reuters reported that gold sales from Polyus Gold (LSE:POLG) were up 52% in first quarter over the same period last year.
Jewellers End Strike in India, but Gold Sales Still Down
Reuters reported that India’s daily gold sales are 80 percent less than they were a year ago even though jewellers have ended their strike over taxes.
Freeport Lowers Gold Sales Target Following Strike
Reuters reported that Freeport McMoRan (NYSE:FCX) cut sales outlooks for gold and copper due to a strike at its Indonesia mine.
Record Prices Spawn New Wave of China Gold Bugs
CNBC News reported that gold sales in China are increasing despite the rapid rise in bullion prices.
Increased production Hinges on new mineralized zones
As an emerging gold producer, San Gold (SGR:TSX-V) is steadily building its production portfolio through continued exploration success on its Rice Lake Project in mining friendly Manitoba. Since it acquired the past producing Rice Lake mine in 2004, the company has nearly tripled its audited gold resources from 550,000 ounces to over 1.6 million [...]
AngloGold Ashanti cuts forward sales by 39 percent
Bloomberg reports the world’s third-biggest gold producer, AngloGold Ashanti cut its forward sales contracts by 39 percent in the first half to benefit from high prices for the metal. AngloGold made “progress ahead of schedule in the reduction of its hedge book, to benefit from improved participation in the spot gold price earlier than anticipated,” the Johannesburg-based company [...]
Dubai gold sales volume up 17pc
Khaleej Times reports gold sales in Dubai have risen to 17 percent in June. Gold powered to a record of $1,030.80 an ounce on March 17 on record crude oil prices, fears of inflation, and expectations of interest rate cuts in the United States, making the metal more attractive as an alternative investment. Managing-director of [...]
