Precious metals

Bitcoin IRA™ Adds Physical Gold To Its 24/7 Self-Trade Retirement Platform Despite Global Shortages

Retrieved on: 
Thursday, April 2, 2020
Cryptocurrencies, Digital currencies, Precious metals, Bitcoin, Bullion, Currency, Money, Finance

The client's Gold is stored in professional vault facilities( Brink's bullion vaults) and its value ties directly to the real-time market value of physical gold.

Key Points: 
  • The client's Gold is stored in professional vault facilities( Brink's bullion vaults) and its value ties directly to the real-time market value of physical gold.
  • In contrast, Bitcoin IRA's Gold offering doesn't have these limitations since its physical gold assets are transferred digitally so it greatly reduces the burdens of physical gold investing while still providing the same gold benefits and ownership rights.
  • The benefits of buying Gold on Bitcoin IRA's platform include:
    Available Now: Physical Gold inventory is available today at regular market prices despite gold shortages in the United States and globally.
  • Bitcoin IRA's gold program removes the middle-men and is a cost-effective, convenient and a safer way to invest in physical gold.

K92 MINING INC. REPORTS STRONG FOURTH QUARTER AND FULL-YEAR 2019 RESULTS AND RECORD ANNUAL PRODUCTION AND COSTS

Retrieved on: 
Friday, March 27, 2020
Physical sciences, Chemistry, Natural sciences, Precious metals, Economic geology, Mineral economics, Mineral resource estimation, Ounce, Gold, Mining

Gold equivalent for 2018 and 2019 based on the following metal prices: gold $1,300 per ounce; silver $16.50 per ounce; and copper $2.90 per pound.

Key Points: 
  • Gold equivalent for 2018 and 2019 based on the following metal prices: gold $1,300 per ounce; silver $16.50 per ounce; and copper $2.90 per pound.
  • K92 has not based its production decisions on mineral reserve estimates or feasibility studies, and historically such projects have increased uncertainty and risk of failure.
  • Mineral resources that are not mineral reserves do not have demonstrated economic viability.
  • CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain forward-looking statements under applicable Canadian securities legislation.

GRAN COLOMBIA ANNOUNCES DETAILS FOR THE FORTHCOMING EARLY REDEMPTION OF ITS GOLD NOTES ON MARCH 31, 2020

Retrieved on: 
Thursday, March 26, 2020
Physical sciences, Chemistry, Atoms, Precious metals, Gold, United States dollar, COLOMBIA

Approximately US$0.33095042 per US$1.00 principal amount of Gold Notes issued and outstanding representing a redemption price of US$0.30 for each US$1.00 principal amount of the Gold Notes plus the Applicable Premium, as defined in the Gold Notes Indenture, of approximately US$0.03095042 per US$1.00 principal amount of Gold Notes.

Key Points: 
  • Approximately US$0.33095042 per US$1.00 principal amount of Gold Notes issued and outstanding representing a redemption price of US$0.30 for each US$1.00 principal amount of the Gold Notes plus the Applicable Premium, as defined in the Gold Notes Indenture, of approximately US$0.03095042 per US$1.00 principal amount of Gold Notes.
  • As of todays date, there is a total of US$63,875,000 principal amount of Gold Notes issued and outstanding.
  • After this redemption, the aggregate principal amount of the Gold Notes will be reduced to US$44,712,500.
  • About Gran Colombia Gold Corp.
    Gran Colombia is a Canadian-based mid-tier gold producer with its primary focus in Colombia where it is currently the largest underground gold and silver producer with several mines in operation at its high-grade Segovia Operations.

Harte Gold Announces Fourth Quarter and Full Year 2019 Results

Retrieved on: 
Wednesday, March 25, 2020
Physical sciences, Chemistry, Atoms, Precious metals, Chemical elements, Native element minerals, Noble metals, Transition metals, Gold

Scientific and technical information contained in this news release was reviewed and approved by Dr. Martin Raffield and David Stevenson, M.Sc.

Key Points: 
  • Scientific and technical information contained in this news release was reviewed and approved by Dr. Martin Raffield and David Stevenson, M.Sc.
  • Gold analysis is performed by fire assay using atomic absorption, gravimetric or pulp metallic finish.
  • Harte Gold holds a 100% interest in the Sugar Zone Mine located in White River, Canada.
  • Harte Gold trades on the Toronto Stock Exchange under the symbol HRT, on the OTC under the symbol HRTFF and on the Frankfurt Exchange under the symbol H4O.

CME Group to Launch New Gold Futures Contract with Expanded, Flexible Delivery in 100-ounce, 400-ounce or 1-kilo Bars

Retrieved on: 
Wednesday, March 25, 2020
Chemical elements, Financial markets, Chemistry, Precious metals, Futures exchanges, Silver, Economy of London, London bullion market, Futures contract, Good Delivery, Derivative, CME Group

CHICAGO, March 24, 2020 /PRNewswire/ -- CME Group ,the world's leading and most diverse derivatives marketplace, today announced the launch of a new gold futures contract with expanded delivery options that include 100-troy ounce, 400-troy ounce and 1-kilo gold bars.

Key Points: 
  • CHICAGO, March 24, 2020 /PRNewswire/ -- CME Group ,the world's leading and most diverse derivatives marketplace, today announced the launch of a new gold futures contract with expanded delivery options that include 100-troy ounce, 400-troy ounce and 1-kilo gold bars.
  • The new contract is expected to launch with a first expiration of April 2020, pending regulatory approval.
  • "By offering a choice of delivery sizes as well as inter-commodity spreads with our benchmark gold futures, this new contract will provide customers with maximum flexibility in managing physical delivery."
  • The approved brand list for this product will have complete convergence with the approved brand list for CME Group's existing gold futures and the LBMA gold good delivery list.

GOLD STANDARD FILES UPDATED SOUTH RAILROAD PRE-FEASIBILITY STUDY

Retrieved on: 
Tuesday, March 24, 2020
Physical sciences, Chemistry, Atoms, Chemical elements, Electrical conductors, Noble metals, Precious metals, Transition metals, Wizard of Oz, Gold, Heap leaching, Oz

The Updated PFS was conducted using assumed metal prices of $1,400/oz gold and $17.11/oz silver.

Key Points: 
  • The Updated PFS was conducted using assumed metal prices of $1,400/oz gold and $17.11/oz silver.
  • The mineral reserve estimate that provides the basis for the Updated PFS was conducted at assumed metal prices of $1,250/oz gold and $15.30/oz silver.
  • ABOUT GOLD STANDARD VENTURES Gold Standard is an advanced-stage gold exploration and development company.
  • GSV is developing South Railroad, an advanced gold and silver open pit oxide heap leach project and continues to focus on district scale discoveries on the greater Railroad-Pinion Project land position.

A-Mark Precious Metals Strengthens Trading Team with Appointment of Justin Blatti as Vice President of Trading

Retrieved on: 
Monday, March 23, 2020
Precious metals, Futures exchanges, London Metal Exchange, Metal industry, Bullion, A-Mark Precious Metals, Metals, Industries, Finance

EL SEGUNDO, Calif., March 23, 2020 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has strengthened its trading team with the appointment of Justin Blatti as the companys new vice president of trading.

Key Points: 
  • EL SEGUNDO, Calif., March 23, 2020 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has strengthened its trading team with the appointment of Justin Blatti as the companys new vice president of trading.
  • Blatti brings to A-Mark more than 10 years of experience in precious metals and foreign exchange trading.
  • Prior to joining A-Mark, Blatti was a senior precious metals and foreign exchange trader at Russell Investments, a global, multi-asset class investment manager, where he successfully led a foreign exchange trading team.
  • Founded in 1965, A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is a leading full-service precious metals trading company and wholesaler of gold, silver, platinum and palladium bullion and related products.

A-Mark Precious Metals Renews $270 Million Revolving Credit Facility

Retrieved on: 
Friday, March 20, 2020
Precious metals, Futures exchanges, A-Mark Precious Metals, London Metal Exchange, Bullion, Metals, Industries, Chemistry

EL SEGUNDO, Calif., March 20, 2020 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has executed the renewal of its existing $270 million credit facility, which consists of a $220 million revolving credit facility with a $50 million accordion feature.

Key Points: 
  • EL SEGUNDO, Calif., March 20, 2020 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has executed the renewal of its existing $270 million credit facility, which consists of a $220 million revolving credit facility with a $50 million accordion feature.
  • We added an additional lender this year allowing us to increase the facility and expand our lender base.
  • With this $270 million credit facility dedicated to our Wholesale Trading segment, and the $100 million asset-backed securitization for our Secured Lending segment, we have impactful financing vehicles in place to focus on growing our business to new levels.
  • Founded in 1965, A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is a leading full-service precious metals trading company and wholesaler of gold, silver, platinum and palladium bullion and related products.

Phoenix Precious Metals (PPM) Announces the Opportunity to Purchase Gold Bullion at an Effective Discount Subject to Advance Purchase

Retrieved on: 
Tuesday, March 17, 2020
Professional services, Natural Resources, Mining, Minerals, Finance, Chemical elements, Precious metals, Chemistry, Physical sciences, Bullion, London bullion market, Gold

Phoenix Precious Metals (PPM) is pleased to announce the launch of its Advance Purchase of Discounted Gold (APDG) offer available as of 17th March 2020.

Key Points: 
  • Phoenix Precious Metals (PPM) is pleased to announce the launch of its Advance Purchase of Discounted Gold (APDG) offer available as of 17th March 2020.
  • APDG is an opportunity to advance-purchase LBMA gold bullion, delivered in equal amounts over 24 months at an effective discount on the LBMA market price at the time of purchase.
  • The offer is subject to minimum purchase requirements along with a full KYC identity verification.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20200317005587/en/

A-Mark Precious Metals Strengthens Senior Leadership Through Promotions of Experienced Team Members

Retrieved on: 
Monday, March 9, 2020
Precious metals, Futures exchanges, A-Mark Precious Metals, London Metal Exchange, Bullion, Metals, Industries, Chemistry

EL SEGUNDO, Calif., March 09, 2020 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has strengthened its senior leadership team through the promotions of key contributors Brian Aquilino and Kevin Pelo.

Key Points: 
  • EL SEGUNDO, Calif., March 09, 2020 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has strengthened its senior leadership team through the promotions of key contributors Brian Aquilino and Kevin Pelo.
  • As COO, Aquilino will be responsible for the alignment of business unit priorities and ensuring operational excellence across the company.
  • Founded in 1965, A-Mark Precious Metals, Inc. (NASDAQ: AMRK) is a leading full-service precious metals trading company and wholesaler of gold, silver, platinum and palladium bullion and related products.
  • Through its TDS subsidiary, A-Mark provides customers with a variety of managed storage options for precious metals worldwide.