Member Blog: Gold - The Original Christmas Gift

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Member Blog: Gold - The Original Christmas Gift

For more than 7,000 years, gold has been highly prized as a symbol of wealth, splendour, and power.  

As Christmas draws near and an abundance of gifts fill retail stores throughout the world, we reflect on the original gift of Christmas – gold – as the lustrous yellow metal plays a part in one of the oldest stories of Christianity.

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Member News: ABC Refinery appointed to LBMA Good Delivery List for gold

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Member News: ABC Refinery appointed to LBMA Good Delivery List for gold

ABC Refinery, the refinery division of Pallion, has been appointed to The London Bullion Market Association’s (LBMA) Good Delivery list for gold.

ABC Refinery’s appointment to this exclusive list is a testament to its ability to refine and produce gold products to LBMA level, universally regarded as the highest international standard. LBMA accreditation is given only to companies that meet the Association’s stringent assaying and bar quality criteria as well as its responsible gold and net tangible asset requirements.

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Gold Industry Group Board Elected

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Gold Industry Group Board Elected

We are pleased to announce the Gold Industry Group’s first Annual General Meeting was held this month and the Board of Directors and Committee of Management were elected. 

We’re delighted Gold Corporation Chief Executive Officer Richard Hayes was appointed Chairperson and Gold Fields Executive Vice President Richard Weston was appointed Vice Chairperson. 

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The Perth Mint – An innovator in precious metals investment

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The Perth Mint – An innovator in precious metals investment

In the third quarter of 2015, demand for bars and coins sky-rocketed as global investors were eager to grab a bargain whilst metal prices remained low.

This phenomenal surge didn’t go unnoticed at The Perth Mint, with more than 2.7 million of its new Australian Kangaroo 1oz silver bullion coins selling out in record time ahead of its official launch in September.

In contrast to the interest in coins, Exchange Trade Fund (ETF) gold holdings declined during the quarter, reflecting their predominately professional investor ownership. Silver ETF holdings, however, held up, which is a result of their mostly retail ownership.

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Perth Mint joins Gold Industry Group as a major partner

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Perth Mint joins Gold Industry Group as a major partner

The Perth Mint has joined us as a major partner to promote the critical role the precious metal sector plays in the Western Australian economy.

Perth Mint Chief Operating Officer David Woodford said The Perth Mint is proud to partner with the Gold Industry Group representing the interests of gold producers, explorers, prospectors and suppliers to the trade.

“We welcome this opportunity to partner with the Gold Industry Group to further the understanding of the broader gold industry, the drivers of demand for physical gold, and the forces shaping the current market.”

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What’s Down the Track in Kalgoorlie-Boulder this month?

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What’s Down the Track in Kalgoorlie-Boulder this month?

The annual What’s Down the Track Forum brings together leaders in the mining industry to the heart of the gold mining region in Kalgoorlie-Boulder. The Forum kicks off on Wednesday 28 October 2015.

This year’s Forum incorporates 21 professional industry exhibition bays, including Gold Industry Group members Norton Gold Fields and Gold Road Resources and is expected to attract more than 250 delegates. 

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Gold Technology Group bridges gap between university and industry

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Gold Technology Group bridges gap between university and industry

Western Australia’s Gold Technology Group is bridging the communication gap between university academics and industry professionals to advance Australia’s gold and precious metals industry. 

As a research group, the Gold Technology Group delivers industry-relevant research and development as well as specialist training services. 

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Ramelius hits high grade gold zone in WA’s Mid-West

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Ramelius hits high grade gold zone in WA’s Mid-West

Ramelius Resources has intersected significant high grade gold mineralisation under the historic Milky Way open pit within its Mt Magnet gold camp in Western Australia’s Mid-West region.

The brownfields discovery was intersected by the Company’s first deep exploration drill hole below the shallow Milky Way pit, which is located just 3.6 kilometres southwest of the operating Checker Gold Mill at Mt Magnet.

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Doray recruiting for Deflector mine in Western Australia

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Doray recruiting for Deflector mine in Western Australia

In a rare move for the West Australian gold industry, Gold Industry Group founding member Doray Minerals is looking to hire up to 200 staff and contractors to operate its new Deflector gold-copper project.

Doray Minerals has secured $91.7 million in debt and equity to fund the development of the project, which is based in Western Australia’s southern Murchison region.

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Recognising potential in our future gold miners

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Recognising potential in our future gold miners

Gold Industry Group founding member Ramelius Resources is supporting future gold industry leaders through the Tim Prime Memorial Scholarship Program. 

Run in conjunction with Curtin University’s Western Australian School of Mines (WASM), the one, two or three-year scholarship is helping WASM students reach their full potential. 

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A short history of Gold Fields in Australia

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A short history of Gold Fields in Australia

One of our founding members, Gold Fields Limited has recently developed a short history book capturing a colourful snapshot of their mining operations in Western Australia.  We're delighted to share their publication which highlights their significant contribution to gold mining in Australia. 

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Gold in an Investment Portfolio

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Gold in an Investment Portfolio

ABC Bullion is very passionate about profiling gold as an investment and as an asset class in its own right. A particularly savvy method to invest in physical gold is through a permanent portfolio. ABC Bullion's Chief Economist Jordan Eliseo tells us why. 

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#DND2015 Photo Gallery

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#DND2015 Photo Gallery

Thanks to everyone who has been in touch supporting the new Gold Industry Group. We're proud to have launch at Diggers & Dealers in Kalgoorlie because it is one of the prime events in the gold calendar. If you couldn't be there, hopefully you can get a flavour of the launch from our gallery.

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Media Heralds Launch of New Group

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Media Heralds Launch of New Group

There's been a positive media response to the launch of the Gold Industry Group which took place this morning at the 2015 Diggers & Dealers event in Kalgoorlie-Boulder. We've compiled some of the articles regarding the coverage in this post, and will update more response as it becomes available.

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New Gold Industry Group Launches

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New Gold Industry Group Launches

We're thrilled to announce the launch of the Gold Industry Group at Diggers and Dealers 2015. We're a new group dedicated to promoting and championing the gold industry.

Chaired by former Minister for Mines, the Hon. Norman Moore, we will represent the interests of gold producers, explorers, prospectors and the companies which serve the sector.

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Gold Fields Supports Local Communities

Gold Fields Supports Local Communities

Gold Fields Australia is committed to contributing to the long-term sustainability of the communities in which they operate, building relationships with key stakeholders and providing funds for the social and economic upliftment of people. Gold Fields actively supports projects in the areas of education and health. These projects have a strong focus on educational opportunities for Indigenous people.