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Koos Jansen: China’s gold imports have calmed down

June 23, 2014 by · Leave a Comment 

GATA 8:41a ET Monday, June 23, 2014 Dear Friend of GATA and Gold: China’s gold imports seem to have calmed down while maintaining a steady rate, gold researcher and GATA consultant Koos Jansen reports today at his Internet site, In Gold We Trust: http://www.ingoldwetrust.ch/chinese-gold-demand-883-tonnes-ytd CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc. Help keep GATA [...]

German gold stays in New York in rebuff to euro doubters

June 23, 2014 by · Leave a Comment 

GATA By Birgit Jennen Bloomberg News Monday, June 23, 2014 http://www.bloomberg.com/news/2014-06-23/german-gold-stays-in-new-york-i… BERLIN — Germany has decided its gold is safe in American hands. Surging mistrust of the euro during Europe’s debt crisis fed a campaign to bring Germany’s entire $141 billion gold reserve home from New York and London. Now, after politics shifted in Chancellor [...]

Hexagon Acquires Aibotix, an Innovative Manufacturer of Advanced Drones

June 23, 2014 by · Leave a Comment 

The leading global provider of design, measurement and visualisation solutions, Hexagon, has acquired Aibotix, a manufacturer of intelligent multicopter systems for high-efficiency aerial applications. The acquisition strengthens the life of mine sol… Read more….

Chile: earthquakes and instability threaten world’s copper king

June 23, 2014 by · Leave a Comment 

The massive earthquake which struck Chile in early April this year miraculously left the country’s copper operations unscathed. Copper prices rose markedly, however, as investors waited to see what the fallout could be for the world’s biggest produce… Read more….

After port fraud, China’s vast warehouse sector under scrutiny

June 22, 2014 by · Leave a Comment 

GATA By Melanie Burton and Fayen Wong Reuters Sunday, June 22, 2014 Shaken by a fraud investigation into metal financing in the world’s seventh-busiest port, banks and trading houses have been made painfully aware of the risks they face storing commodities in China’s sprawling warehouse sector. The probe at Qingdao port centers around a private [...]

Mike Kosares: Reflections in a golden eye

June 22, 2014 by · Leave a Comment 

GATA 10:04p ET Sunday, June 22, 2014 Dear Friend of GATA and Gold: With his new essay, “Reflections in a Golden Eye,” Centennial Precious Metals proprietor Mike Kosares provides a wide-ranging and even profound review of where gold has been in recent years and where it’s likely to go. Kosares writes: “There is a movement [...]

India plans coal production boost to meet power shortage

June 22, 2014 by · Leave a Comment 

India’s power minister Piyush Goyal has urged Coal India, the world’s largest producer of the fuel, to increase production at existing mines, reduce the amount offered in e-auctions and use produced material in power generation. Read more….

Leica Jigsaw Positioning System (Jps): Ground-Based Positioning System Using Locata Technology

June 22, 2014 by · Leave a Comment 

Locata Corporation (Locata) has invented a groundbreaking radio positioning system that can be considered a “local GPS”. Read more….

40,000 mine workers in South Africa affected by TB every year, says health minister

June 22, 2014 by · Leave a Comment 

Mine workers in South Africa are the world’s most affected by tuberculosis (TB), with 41,810 annual reported cases, according to data presented by the country’s health minister Aaron Motsoaledi. Read more….

Explosion in Russia copper mine kills four

June 22, 2014 by · Leave a Comment 

Four miners have been killed and two injured in an explosion that ripped through the Gai copper mine in the Orenburg Region in south-east Russia. Read more….

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