Gold market in H1 2019

MINEX Forum | August 5, 2019
img0 We were right. At the beginning of the year, in the January edition of the Gold Market Overview, we wrote that “2019 fundamental outlook for the gold market is better than one year ago”. The quote below will give you full insight into our predictions at that time: As for the fundamental outlook, we believe ...

Turkey gold output may reach 50 tons

MINEX Forum | July 9, 2019
img0 Turkey’s annual gold production “may easily reach 50 tons within the next two-three years, thanks to new investment projects,” the head of the Turkish Gold Miners Association has said. The country’s gold production, which was 22 tons in 2017, rose to 27 tons in 2018, Hasan Yücel said in a statement. He noted that Turkey produced a total of 302 tons of gold from ...

China’s gold hoard swells

MINEX Forum | July 9, 2019
img0 Central banks are going after gold in 2019, boosting holdings as economic growth slows, trade and geopolitical tensions rise, and some authorities seek to diversify their reserves away from the dollar. The People’s Bank of China said Monday it raised reserves for a seventh month in June, adding 10.3 tons, following the inflow of almost ...

Trump weighs limits on uranium imports after Commerce Department cites security risk

MINEX Forum | June 21, 2019
img0 The U.S. Commerce Department has recommended the White House take steps to protect the domestic production of uranium after finding the nation’s reliance on imports was a national security risk, said three people briefed on the matter. THE U.S. URANIUM INDUSTRY PRODUCED ROUGHLY 700,000 POUNDS IN 2018 Among the trade remedies recommended is to require ...

European lithium projects gain attention amid push toward electric vehicles

MINEX Forum | June 14, 2019
img0 European lithium projects are making a fresh push for capital, eager to supply the white metal to a burgeoning network of battery manufacturers and electric vehicle makers across the continent, the world’s second-largest EV market after China. A regional EV supply chain would help achieve European Union goals to lower carbon emissions, cut fossil fuel ...