When you are thinking of buying gold the first thing you should consider is where you are going to store your gold, as it affects what form of gold you may buy as well as who to buy it from.
There are three main ways to store gold.
In 1896, if you opened the door of Boulder Block Hotel and stepped inside, would you expect to find gold?
Yes, there is a story to be told about the secret goings-on at the Boulder Block Hotel. The underground miners of The Golden Mile were “on the gold”, and some of them were said to be selling the gold on the sly at the infamous pub before the whistle blew for the end of shift.
Ramleius Resources Limited certainly picked a fitting mascot for its name. The story begins in Germany, over 1000 years ago. Rammelsberg is a mountain located on the northern edge of the Harz range, south of the historic town of Goslar in the North German state of Lower Saxony.
Rammelsberg Mines, also known as “The Thousand Year-old Mine” - was the longest operating base metal mine in the world! It opened in the 10th century and operated uninterrupted for over 1000 years.
Mining Non-Executive Director and champion for diversity, Sharon Warburton, is the second woman to join the Gold Industry Group (GIG) Board as a Director, following the appointment of Gold Fields Australia Vice President of Legal and Compliance, Kelly Carter, to Vice Chairperson in November 2016.
GIG Chairperson and Perth Mint Chief Executive Officer, Richard Hayes, said he was thrilled to welcome Ms Warburton and Ms Carter to the team.
The Gold Industry Group recently spoke to BGC Contracting's Communities & Diversity Manager Sarah Eatough on how she is helping to facilitate greater diversity across the business and in the community.
“Fly Flat” doesn’t sound like a prestigious or auspicious name for a place that started a gold rush boom. But on the outskirts of Coolgardie in Western Australia, the flat country with sparse gum trees was rich with alluvial gold, and changed the fortunes of a nation.
In 1892, two prospectors, Arthur Bayley and William Ford found over five hundred ounces of gold at Fly Flat. At today’s gold price, the horde would be valued at over half a million dollars.
Innovative mining recruiter IRP Resources is the latest company to join the Gold Industry Group’s growing member base.
IRP’s Mining Manager Andrei Sarpe said the company was excited to be a part of an industry group that shares the same passion for the gold sector.
One question we are often asked at ABC Bullion is; how much gold or silver should I hold in my portfolio?
Discover some of the factors and options according to Chief Economist Jordan Eliseo.
Gold has retained a hallowed place in the history of the Australian resources sector and beyond for generations, and its central part in Western Australia’s past is both colourful and fascinating. However, the story is far from over, and the importance of this rarest of precious metals in today’s economy can be seen when, at this year’s Diggers and Dealers Mining Forum in Kalgoorlie, almost 60% of the program of speakers comprised presentations by gold producers, explorers, prospectors or suppliers.
A research project with new member Deloitte was announced recently at the Gold Industry Group’s (GIG) Annual General Meeting in support of 2017 initiatives to educate the community, connect the industry and promote gold across Australia.
“This research will show the importance of gold to our economy and our communities – particularly regional communities for whom gold mining is their primary source of commercial activity,” Matt said.
Discover the eight reasons why Australian investors should consider including physical gold in their investment portfolio. Here is number 2.
2. Gold is a natural holding in low “real” interest rate environments
Norton Gold Fields' Paddington Operations recently won second Best Team Overall in the 2016 Underground Mine Emergency Response Competition held at Northern Star Resources’ Kanowna Belle Gold Mine, Kalgoorlie.
It was an outstanding achievement for the Norton team who takes a company-wide approach to training employees and contractors in emergency response (ER).
The Gold Industry Group was delighted to elect Gold Fields Vice President of Compliance & Legal Kelly Carter to the position of Vice Chair along with the re-election of current Board members.
Chairman Richard Hayes opened the GIG's second Annual General Meeting with a summary of the Group's first year of activities and welcomed new members Deloitte and Impact Minerals.
What are the eight key reasons why Australian investors should look at investing in physical gold as part of their investment portfolio? Here is the first.
Reason 1. Gold has demonstrated strong long-term returns in its own right.
Member Norton Gold Fields has made its single biggest donation of $50 000 this year to fund the Goldfields Individual and Family Support Association's Saturday morning program.
The Norton Saturday Morning Club will provide respite for carers of children with various disabilities with the opportunity to participate in a broad range of sporting and recreational activities.
Gold Road Resources and Gold Fields Limited have announced a 50:50 joint venture to develop and operate the Gruyere Gold Project in Western Australia.
Gold Road’s Managing Director and CEO, Ian Murray said he was pleased to partner with Gold Fields to develop Australia's newest goldfield.
The Gold Industry Group will launch its #heartofgold Discovery Trail next year in Perth, providing a fun and interactive way for the community to connect with the importance and history of gold, which remains at the heart of our nation today.
This long-term community engagement initiative will engage millions of students, families and tourists alike. Here is a sneak peak of what you will find.
The 2016 Emirates Melbourne Cup has been made entirely from gold sourced, refined and crafted in Australia for the first time in its 150-year history.
One of the only trophies in the world still hand-spun from solid gold, the Emirates Melbourne Cup is produced by ABC Bullion. It contains 44 pieces that are hand spun over a 250-hour production process.
The Gold Industry Group recently spoke with Norton Gold Fields Geologist Angela Spencer about how they are supporting smaller mining companies through Toll Treatment which benefits the wider community.
Doray Minerals Limited has officially opened its 100%‐owned Deflector Gold Project located 160kms east of Geraldton in Western Australia.
The Minister for Mines & Petroleum, the Hon Sean L’Estrange MLA, officiated the ceremony on Wednesday 26 October 2016 to mark the important milestone in Doray’s history – the second high‐grade gold project it has funded, developed and commissioned within four years and less than three years since the opening of the Andy Well Gold Project.