Saxo Bank: gold comment

MINEX Forum | March 26, 2019
img0 Summary:  As fears of a global recession ratchet higher, the economic calendar for the week ahead offers a bunch of key indicators that may provide further fuel to the thinking that bad times lie ahead. The dovish signal from the Fed last week is likely to drive EM FX and stocks higher in the short and ...

Kazakhstan to remain uranium mining leader, says Energy Minister

MINEX Forum | February 14, 2019
img0 Kazakhstan will remain the world’s leader in uranium mining despite the complicated situation in the global market, said Minister of Energy of Kazakhstan Kanat Bozumbayev, Kazinform correspondent reports. “Despite the difficulties in the global uranium market, we intend to maintain leadership in uranium mining. Now there is an oversupply of uranium and this trend continues,” ...

Central bank gold buying surges to 50-year high

MINEX Forum | February 4, 2019
img0 Against a backdrop of continued stock market volatility and geopolitical risk, gold demand surged in Q4 of 2018, according to a new report released today from the World Gold Council. Annual gold demand increased 4% on highest central bank buying in 50 years. Gold demand in 2018 reached 4,345.1 tonnes, up from 4,159.9 tonnes in 2017.Central banks’ demand for ...

The weight of gold, Bulgaria

MINEX Forum | January 23, 2019
img0 The new gold mine in Krumovgrad boasts environmental performance and social responsibility, yet there are black spots along the path of the Bulgarian gold around the globe. The technologies applied in the new gold mine in Krumovgrad rate among the most advanced in the world, states Lyubomir Haynov, Operation Director of the local branch of ...