The Gold Report
Central Bank Gold Agreement (CBGA) sales have totaled about 441 tons just a few days before the current sales year comes to an end tomorrow.
The World Gold Council (WGC) said a further 60 tons could be sold before this date as the second CBGA allowed for the sale of 500 tons in each agreement year. The second CBGA runs from 27 September 2004 to 26 September 2009.
Notable Quotes
"TMM is a favorite; it just had another record-breaking quarter." (5/24/13) Timmins Gold Corp. - The Gold Report Interview with Ivan Lo More >
"We are comfortable with CSI's ability to begin pouring gold by Q4/13." (5/16/13) Colossus Minerals Inc. - Joseph Fazzini, Dundee Securities More >
"BTO reported solid Q1/13 results; its balance sheet remains strong." (5/16/13) B2Gold Corp. - Morning Coffee More >
"The bankable feasibility study results on SGC's Asmara are positive." (5/16/13) Sunridge Gold Corp. - Adam Lucas, Ocean Equities More >
"Free cash flow at AR should be stronger in H2/13 as production ramps up at La Colorada." (5/15/13) Argonaut Gold Inc. - Christos Doulis, Stonecap Securities More >
Central Bank Gold Agreement Sales Close to Annual Limit
Source: Mineweb.com (9/21/07)
Central Bank Gold Agreement (CBGA) sales have totaled about 441 tons just a few days before the current sales year comes to an end tomorrow.
More Experts
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"Drilling the remaining strike length could more than double INM's La Cigarra resource." (5/22/13) International Northair Mines Ltd. - The Gold Report Interview with Maria Smirnova More >
"BAR's Bug Lake zone has grown by 350m and remains open." (5/14/13) Balmoral Resources Ltd. - Erik Bermel, M Partners More >
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