Viewing entries tagged
gold bullion
Gold Fields, a Western Australian gold mining company, donated a golden gift to support the State’s world-famous Telethon to ensure a better life for children now and in the future.
The 99.9% pure 1kg gold bar, valued at approximately AUD $85,000, was the company’s second gold bullion donation to the Channel 7 Telethon Trust.
We recently spoke to Alice Or, Account Executive at ABC Bullion, about her journey in Australia’s gold industry and her lifelong passion for precious metals.
ABC Refinery is now accredited by the CME Group for its premier gold product, the COMEX ‘GC’ gold futures contract, and sees ABC Refinery bars added to the COMEX good delivery list of brands used to physically settle against the GC gold futures contract in New York.
ABC Refinery is the refining division of the Pallion Group and have been involved in the refining and processing of precious metals in Australia since 1951.
As the world stands together to combat novel coronavirus 2019 (COVID-19), gold is continuing to support our communities and our economy.
Keeping Australia's gold industry running ensures the precious metal not only supports our economy during these times of hardship, but is available for essential uses in our everyday lives.
The Perth Mint has expanded the market for Australian gold in China with its recent appointment as an International member of Shanghai Gold Exchange (SGE).
As an International member of SGE, The Perth Mint would now also gain access to an extensive network of gold distributors trading directly on the SGE platform throughout China.
Attracting the who’s who among the globe’s greatest precious metals investors, Western Australia – which accounts for more than 70% of Australia’s overall gold production - has cemented itself as a major destination to explore and mine for the famous yellow metal.
With this in mind, Australia’s largest precious metal event, The Precious Metal Investment Symposium (PMIS), has this year pulled up stumps and relocated from Sydney to WA’s capital and world-renowned mining hub, Perth.
This month marks the 10 year anniversary since Lehman Brothers, one of the highest profile casualties of the Global Financial Crisis (GFC), went bankrupt in the United States.
We spoke to Gold Industry Group Company Secretary Bron Suchecki, who was working at The Perth Mint at the time, and ABC Bullion Chief Economist Jordan Eliseo, about their memories from that time period.
The Perth Mint has created a strong new market for Australian gold producers with Chinese investors now buying more than 230 tonnes of Australian gold bullion, worth $11 billion, on the Shanghai Gold Exchange every year.
