London Bullion Market Association

Imperial Reports Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 10, 2023
Metal, Capital expenditure, CDN, International, Chicago Metallic Corporation, LBMA, London Metal Exchange, Net, Gold, Imperial Metals, International Financial Reporting Standards, London Bullion Market Association, Capital, The Lady in Red (Chris de Burgh song), TSX, Copper, Transport, News, Rare-earth element, Mining, Cryptocurrency, Mount Polley

Total revenue was $85.8 million in the June 2023 quarter compared to $36.4 million in the 2022 comparative quarter.

Key Points: 
  • Total revenue was $85.8 million in the June 2023 quarter compared to $36.4 million in the 2022 comparative quarter.
  • The London Metals Exchange cash settlement copper price per pound averaged US$3.85 in the June 2023 quarter compared to US$4.32 in the 2022 comparative quarter.
  • In CDN Dollar terms the average copper price in the June 2023 quarter was CDN$5.17 per pound compared to CDN$5.52 per pound in the 2022 comparative quarter, and the average gold price in the June 2023 quarter was CDN$2,657 per ounce compared to CDN$2,391 per ounce in the 2022 comparative quarter.
  • Mount Polley metal production for the second quarter of 2023 was 7,062,836 pounds copper and 10,185 ounces gold, compared to 6,678,094 pounds copper and 9,980 ounces gold produced during the first quarter of 2023.

International Tower Hill Mines Announces Appointment of Gold Market Expert Dr. Edel Tully to Board

Retrieved on: 
Thursday, June 22, 2023
London Bullion Market Association, Mitsui, NOT, Market, Communication, AND, LBMA, British Non-Ferrous Metals Research Association, SELL, Gold, THM, Chairperson, NEWS, AN, TSX, UBS, Research, NYSE, Metal

"On behalf of the Board of Directors, I am pleased to welcome Dr. Tully.

Key Points: 
  • "On behalf of the Board of Directors, I am pleased to welcome Dr. Tully.
  • Her deep and vast experience in understanding the gold market will help the Company maximize its tremendous leverage to higher gold prices,"  said Marcelo Kim, Board Chair.
  • Dr. Tully is a business leader with 20 years of experience in the precious metals market.
  • "I am excited to join International Tower Hill Mines' board of directors and look forward to contributing my precious metals sector experience to this very exciting company," said Dr. Tully.

Monument Reports Third Quarter Fiscal 2023 (“Q3 FY2023”) Results

Retrieved on: 
Wednesday, May 31, 2023
CIL, Maintenance, Sale, Public expenditure, Retirement, Gold, Acquisition, Gabanintha, Western Australia, Aravali Retreat, Gurgaon, Mining, London Bullion Market Association, Project, Total, Murchison, Palladium, Cryptocurrency, Rare-earth element

(2)  Monument average realized gold price is US$1,878/oz for the three months ended March 31, 2023.

Key Points: 
  • (2)  Monument average realized gold price is US$1,878/oz for the three months ended March 31, 2023.
  • Cash cost excludes amortization, depletion, accretion expenses, idle production costs, capital costs, exploration costs and corporate administration costs.
  • Furthermore, production is expected to improve into Q4 FY2023, following the mining of higher-grade gold zones at the end of the current quarter.
  • The ramp up to full production commenced in January 2023, and is expected to be completed in June 2023.

SMX's Subsidiary trueGold Extends its Commercial Activity to a New Application Beyond Gold Bars and Coins to Watches and Jewelry.

Retrieved on: 
Tuesday, May 23, 2023
Blockchain, Prevalence, Miner, LBMA, Recycling, Certification, Gold, Patent, OpenBSD security features, Mining, London Bullion Market Association, ESG, Jewellery, Perth Mint, SMX, Memory, Security printing, Palladium, Cryptocurrency

trueGold invisibly 'marks' the gold with a durable marker, that will allow the physical gold to have a complete and transparent memory of its journey from mine-to-marketplace, to recycle and reuse.

Key Points: 
  • trueGold invisibly 'marks' the gold with a durable marker, that will allow the physical gold to have a complete and transparent memory of its journey from mine-to-marketplace, to recycle and reuse.
  • In addition to gold bars and gold coins, the application is now extended to gold watches and jewelry products.
  • The trueGold technological solution is a drop-in process and can be deployed at any location along the supply chain.
  • In addition to gold bars and gold coins, the application is now extended to watches and jewelry products.

Imperial Reports First Quarter 2023 Financial Results

Retrieved on: 
Tuesday, May 9, 2023
Metal, Capital expenditure, CDN, International, Chicago Metallic Corporation, LBMA, London Metal Exchange, Net, Gold, Imperial Metals, International Financial Reporting Standards, London Bullion Market Association, Capital, The Lady in Red (Chris de Burgh song), TSX, Copper, Transport, News, Video game, Rare-earth element, Mining, Palladium, Cryptocurrency, Mount Polley

VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three months ended March 31, 2023, as summarized in this news release and discussed in detail in the Management’s Discussion & Analysis.

Key Points: 
  • VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three months ended March 31, 2023, as summarized in this news release and discussed in detail in the Management’s Discussion & Analysis.
  • Total revenue was $92.7 million in the March 2023 quarter compared to $33.1 million in the 2022 comparative quarter.
  • The London Metals Exchange cash settlement copper price per pound averaged US$4.05 in the March 2023 quarter compared to US$4.53 in the 2022 comparative quarter.
  • In CDN Dollar terms the average copper price in the March 2023 quarter was CDN$5.48 per pound compared to CDN$5.73 per pound in the 2022 comparative quarter, and the average gold price in the March 2023 quarter was CDN$2,553 per ounce compared to CDN$2,373 per ounce in the 2022 comparative quarter.

SMX' Tech Application for Gold Receives Accreditation from LBMA

Retrieved on: 
Friday, March 10, 2023
Platinum, GBI, Gold bar, Perth Mint, Silver, Gold, Insurance, OpenBSD security features, London Bullion Market Association, Mining, ESG, Sustainability, QR, LBMA, Remote Initial Program Load, Accreditation, WGC, World Gold Council, Recycling, Cryptocurrency, Security printing, SMX

The LBMA is an independent authority ensuring the highest standards of integrity and transparency for the global precious metals industry.

Key Points: 
  • The LBMA is an independent authority ensuring the highest standards of integrity and transparency for the global precious metals industry.
  • The Accredited Gold Bar Security Features form part of the Gold Bar Integrity (GBI) Initiative Program that was launched at the Sustainability and Responsible Sourcing Summit by the LBMA in London last year.
  • Hence the Security Features are a physical feature that will establish the identity and verify the authenticity of a gold bar.
  • A key advantage of trueGold's Security Feature and digital tech platform offering is its interoperability for the gold industry and across the precious metals supply chain.

Monument Reports Second Quarter Fiscal 2023 (“Q2 FY2023”) Results Gross Revenue of US$5.87 Million and Cash Cost of US$1,507/Oz

Retrieved on: 
Wednesday, March 1, 2023
US, BRN, Gold, Maintenance, Retirement, BRC, Public expenditure, London Bullion Market Association, Sale, Total, Mining, CIL, Arsenic, Life, Acquisition, Palladium, Cryptocurrency, Printed circuit board, Copper

Cash cost excludes amortization, depletion, accretion expenses, idle production costs, capital costs, exploration costs and corporate administration costs.

Key Points: 
  • Cash cost excludes amortization, depletion, accretion expenses, idle production costs, capital costs, exploration costs and corporate administration costs.
  • Q2 FY2023 cash cost per ounce decreased by 17% to $1,507/oz from $1,810/oz for Q2 FY2022.
  • Q2 FY2023 gold bullion sales generated revenue was $5.87 million as compared to $5.05 million from Q2 FY2022.
  • No drilling was carried out during the second quarter of fiscal year 2023.

London Bullion Market Association Selects Alitheon to Bring Authentication and Traceability to Global Gold and Precious Metal Markets

Retrieved on: 
Wednesday, February 1, 2023
Gold, LBMA, London Bullion Market Association, Gold bar, GBI, Algorithm, CSR, Mining, Security printing

Its technology solution is used to ensure provenance by irrefutably identifying counterfeited and illegally-sourced precious metals throughout the supply chain.

Key Points: 
  • Its technology solution is used to ensure provenance by irrefutably identifying counterfeited and illegally-sourced precious metals throughout the supply chain.
  • FeaturePrint® uses a standard off-the-shelf camera or mobile phone to take an image of any object such as a gold bar and other precious metals.
  • "We applaud LBMA and its members as together we work to secure the world's gold and precious metals reserves and supply chains," said Roei Ganzarski, CEO at Alitheon.
  • Now they can be sure the gold bar or gold product they are buying is authentic, ethically sourced, and legal, from a simple photo taken on their phone."

London Bullion Market Association Selects Alitheon to Bring Authentication and Traceability to Global Gold and Precious Metal Markets

Retrieved on: 
Wednesday, February 1, 2023
Gold, LBMA, London Bullion Market Association, Gold bar, GBI, Algorithm, CSR, Mining, Security printing

Its technology solution is used to ensure provenance by irrefutably identifying counterfeited and illegally-sourced precious metals throughout the supply chain.

Key Points: 
  • Its technology solution is used to ensure provenance by irrefutably identifying counterfeited and illegally-sourced precious metals throughout the supply chain.
  • FeaturePrint® uses a standard off-the-shelf camera or mobile phone to take an image of any object such as a gold bar and other precious metals.
  • "We applaud LBMA and its members as together we work to secure the world's gold and precious metals reserves and supply chains," said Roei Ganzarski, CEO at Alitheon.
  • Now they can be sure the gold bar or gold product they are buying is authentic, ethically sourced, and legal, from a simple photo taken on their phone."

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, December 18, 2022
London Stock Exchange, HSBC Bank (Europe), Sale, Human, ETC, Total expense ratio, Business Day, Tax, Investment, HSBC Bank, Custody, S.A.S, Interest, President's Pay Agent, Business, Service, Arrangement, Silver, Euronext Amsterdam, LBMA, Base, VAT, Settlement date, Settlement, Euronext Paris, Movement, Security (finance), Prospectus, Application, Remuneration, USD, Redemption, London Bullion Market Association, United Kingdom, Trustee, Metal, Subscription business model, London, Calendar, Financial adviser, Bank, Lease, Life insurance, Risk management, National identity cards in the European Economic Area, Participation, Gold, Issuer, Adviser, Custodian, Deutsch, Series

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an “Authorised Participant”).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the “Metal Entitlement”.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.