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InfiniGold launch Perth Mint Gold Token

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InfiniGold launch Perth Mint Gold Token

InfiniGold have announced the launch of the Perth Mint Gold Token (PMGT), the first digital gold token on a public blockchain to be backed by government guaranteed gold.

The Perth Mint Gold Token (PMGT) is a digital token backed 1:1 by GoldPass™ certificates issued by The Perth Mint - the world’s largest refiner of newly-mined gold which is guaranteed by the highly rated sovereign entity, the Government of Western Australia.

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REQ Report: The future looks bright for gold

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REQ Report: The future looks bright for gold

Australia’s gold exports are forecast to hit a record high of AUD $25 billion in 2019-20 according to the Department of Industry, Innovation and Science’s September edition of Resources and Energy Quarterly (REQ).

The September REQ shows Australia remains the world’s second largest producer of gold, with production increasing by 6.3% in FY 2018–19 to 321 tonnes, equating to 9% of the world’s total supply in 2018.

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Diggers & Dealers Gold Wrap 2019

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Diggers & Dealers Gold Wrap 2019

This year’s Diggers & Dealers was as good as gold as 2450 delegates descended on Kalgoorlie for mining’s biggest industry event.

Former Australian Prime Minister John Howard was a hit, gold shone throughout the three day program with GIG Directors Andrea Maxey and Stuart Tonkin taking to the stage, a focus on the image of mining created much discussion at our popular breakfast event with Deloitte, and Northern Star Resources claimed dealer of the year.

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Klein to keynote at ABC Bullion Conference

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Klein to keynote at ABC Bullion Conference

With gold breaking through AUD$2,000, the outlook for gold mining equities is immense. How can gold producers take advantage of this new gold bull market?

Jake Klein, Evolution Mining Executive Chairman, will provide the answer in his keynote presentation at ABC Bullion’s National Conference 2019: A Global Case for Gold.

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Taking Australian gold to wall street

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Taking Australian gold to wall street

The Perth Mint recently launched the Perth Mint Physical Gold ETF (NYSE Arca: AAAU), the first exchange-traded fund with sovereign-backed gold trading on the New York Stock Exchange (NYSE).

AAAU is guaranteed by the Government of Western Australia, with shares exchangeable for delivery of a wide range of gold products.

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Aussie gold shines in China

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Aussie gold shines in China

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.

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  Gold Investor Series: Why invest in gold?

Gold Investor Series: Why invest in gold?

What are the eight key reasons why Australian investors should look at investing in physical gold as part of their investment portfolio? Here is the first.

Reason 1. Gold has demonstrated strong long-term returns in its own right.

Gold Investor Series: The London Bullion Market Association

Gold Investor Series: The London Bullion Market Association

Despite the fact it is produced around the world, and purchased by a diverse range of investors all over the globe, trading in the wholesale physical gold market is still centered in London.

The London Bullion Market Association (LBMA) is an international trade association, representing the London market for gold and silver bullion. It was set up in 1987 by the Bank of England (BoE), which was the bullion market regulator at the time.

Gold partnership strengthens Precious Metals Symposium

Gold partnership strengthens Precious Metals Symposium

Australia’s largest precious metals event and the peak body of the country’s gold sector have come together in partnership at a time when enthusiasm for precious metals is at its highest in several years.

With many gold companies’ share prices having doubled and the Australian dollar gold price nudging record highs, the organiser of the Precious Metals Investment Symposium, Kerry Stevenson, says: “Our collaboration with the Gold Industry Group is a fantastic way to show the strength of the industry and its importance to Australia’s economy. 

Perth Mint achieves record half-year results

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Perth Mint achieves record half-year results

The Perth Mint posted record revenue of $4.4 billion and pre-tax profit of $24.9 million for Q1/Q2 of the 2015/16 financial year.

Premier Colin Barnett said the result reflected the significance of the Mint to the State and its future development.

“Gold mining has been at the cornerstone of the State’s advancement for more than a century, and The Perth Mint has always played an integral role in that industry,” Barnett said. 

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Member Blog: Beginners Guide to Investing in Precious Metals

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Member Blog: Beginners Guide to Investing in Precious Metals

Physical gold and silver have been seen as the ultimate store of wealth for millennia, and have been highly sought after by investors the world over.

Demand remains strong today across the globe, with thousands of tonnes purchased annually from a diverse group of investors that include Indian housewives, central banks, hedge funds and family offices. 

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