Tag: china
-
Chinese discover 1000 tons of gold!
A massive gold deposit with estimated reserves exceeding 1,000 tonnes has been discovered in central China’s Hunan Province, the Geological Bureau of Hunan Province announced on Thursday. This find, located in the Wangu Goldfield in Pingjiang County, is the largest in the province’s history and one of only five gold deposits of this scale in…
-
London Gold Fixing / LBMA Gold Price.
The London Gold Fixing, also known as Gold Fix, is the process of determining the price of gold through a dedicated conference line. In the past, this activity occurred at the London premises of Nathan Mayer Rothschild & Sons and was facilitated by the members of The London Gold Market Fixing Ltd. The primary purpose…
-
Gold mining.
Gold mining involves the extraction of gold from various sources, initially focusing on alluvial deposits using manual methods like gold panning. Over time, the industry has evolved, incorporating complex processes such as pit mining and gold cyanidation for ores not on the surface. Large corporations dominated gold mining in the 20th and 21st centuries, but…
-
Where to buy gold in Los Angeles.
Looking to invest in a timeless and tangible asset? Los Angeles, a city renowned for its diverse offerings, presents a myriad of opportunities for individuals seeking to buy gold. With a rich array of reputable dealers and establishments specializing in precious metals, the city provides a fertile ground for both seasoned investors and those new…