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China targets counterweight in gold trade with Yuan fix

The benchmark could ultimately give Asia more power over bullion trade.

Iamgold cuts 2015 production forecast

Following a ‘localized seismic event’ at its Westwood mine in Québec.

First offer and union demands worlds apart

South African gold companies offer job security and profit sharing to compensate.

SA gold producers offer wage hikes of up to 13%

Falls short of demands for increases of more than 80%.

Gold climbs as fears over Greece knock stocks, euro

European stocks, euro slide on Grexit threat.

Gold price standoff despite confluence of positives

Price has been remarkably steady over the past week despite a number of factors, which might have been expected to cause it to rise.

Investors add most gold to funds in 5 months

Gold is being supported by ‘continued worries related to Greece and investors returning to ETFs.’

SGE in talks with CME to list contracts

In discussions about listing each other’s contracts on their respective exchanges.

Latest Swiss gold export data confirms China/HK breakdown

May Swiss gold exports continue to show key proportion of mainland Chinese gold imports are bypassing Hong Kong altogether.

TMAC Resources lifts target IPO size by 29%

Boosted the amount it seeks to raise in its IPO to C$135 million.

Uruguay miner wants to start a gold rush

CEO of Orosur Mining is fighting to find new reserves of gold in Uruguay.

China plans to launch Yuan gold fix by end of 2015

Plans to launch a yuan-denominated gold fix by the end of 2015 via the SGE.

AuRico, Alamos shareholders vote in favour of merger

Merger will create a mid-sized gold producer with operations in Canada and Mexico.

The real negotiating starts Monday

South African gold sector wage negotiations will see first round of offers tabled next week.

ICBC considers joining London gold fix

ICBC is looking at either joining the London fix directly or through its UK-based Standard Bank unit.

China’s gold demand may rise if stock rally fades

‘China’s demand in 2015 will beat 2014 if we see an end of the stock market rally,’ says the WGC.

Kazakhstan’s gold hoard climbs for 32nd month

Increased its gold reserves for a 32nd month in May as Russia also added to holdings – IMF.

Gold price benchmarking – let battle commence

If, as reports suggest, China is close to setting up its own gold price benchmarking process, London’s days as the centre of the gold universe could be numbered.

Jim Rutherford joins Northern Ireland gold push

Mining investor Jim Rutherford has joined the board of Dalradian Resources Inc.

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