Posts Tagged ‘gold-reserves’

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China secretly raised its gold reserves

Source: livemint.comChina disclosed on Friday that it had secretly raised its gold reserves by three-quarters since 2003, increasing its holdings to 1,054 tonnes and confirming years of speculation it had been buying. Hu Xiaolian, head of the State... Full story

New gold and copper deposits found in India

Hint of significant gold and copper deposits have been found in Rajasthan, Karnataka and Uttar Pradesh, with the gold reserves believed to be world class. Full story

Russia’s gold reserves up 11 pct on the start of the year

Turkish central bank increased its gold reserves to 5.758 million ounces in November Europe’s largest gold producer Turkey’s gold reserves climbed last month after its central bank bouught 1.328 million troy ounces of gold. According to data from the... Full story

First shipment of Venezuela’s gold reserves due

Venezuela on Friday was to receive the first shipment of gold reserves it used to store overseas, now being repatriated in full, President Hugo Chavez said. Full story

Gold back to within striking distance of $1,800

Gold back to within striking distance of $1,800
MarketWatch reports gold futures closed higher Monday, coming to within striking distance of the $1,800 an ounce level, as ongoing concerns over the euro-zone debt crisis and reports that Germany rejected calls to use its gold reserves to help shore up the region’s rescue fund helped boost prices. Gold for December delivery rose more than 2% earlier in the day to trade at $1,794, a ... Full story

German gold reserves must remain untouchable – Minister

German gold reserves must remain untouchable - Minister
Germany's Economy Minister Philipp Roesler has responded to recent media reports that the G20 summit at Cannes discussed using reserves to boost euro zone bailout funds by saying the country's gold reserves must remain untouchable. Germany Economy Full story

Dutch government comes half clean on gold reserves

Dutch government comes half clean on gold reserves
Goldseek responds to Dutch blog Vrijspreker's report that the Netherlands secretary of the treasury has answered half-candidly the questions put to him by the Dutch Socialist Party about the disposition of the Dutch National Bank's gold reserves. Full story

Europe gold reserves jump €56.8 billion

Europe gold reserves jump €56.8 billion
Gold and gold receivables held by euro zone central banks rose by €56.8 billion to €420 billion after a quarterly revaluation, the European Central Bank said on Wednesday. Net foreign exchange reserves in the Eurosystem of central banks rose by €13.2 billion to €191.1 billion after the revaluation, the ECB said in a weekly consolidated financial statement. Full story

Central Bank audit finds gold reserves stable

Central Bank audit finds gold reserves stable
Egypt?s Central Bank announced Tuesday it had finished its 26-day audit of Egypt?s gold reserves and concluded that the actual reserves match both amounts on record as well as the results of the last audit. The audit, which takes place every five years, Full story

New World Gold Corporation Begins Upgrades on Mill

New World Gold Corporation Begins Upgrades on Mill
_ BOCA RATON, FL -- ( ) -- 06/14/11 -- New World Gold Corporation (PINKSHEETS: NWGC) previously announced on May 7, 2011 that it acquired a second gold mill in Northern Peru. The leases associated with the mill have proven producing gold reserves with Full story
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