Gold News

The Price Of Gold Just Hit A Record High…

The Price Of Gold Just Hit A Record High…

Authored by Simon Black via,

48 hours ago, the European Central Bank announced a bonanza stimulus package: interest rate cuts, money printing, quantitative easing, the whole nine yards.

Europe’s economic growth has ground to a halt. The German economy actually shrank last quarter, according to official statistics.

So the European Central Bank is throwing everything including the kitchen sink at this problem.

(video) I Owe, I Owe… SchiffGold Friday Gold Wrap Sept. 13, 2019

The price of gold whipsawed this week, driven up and down by various headlines. In this episode of the Friday Gold Wrap, host Mike Maharrey covers some of the big news that moved the markets. But he said that we need to keep our eyes on the big picture. All of this is happening in […]

How miners are using autonomous drones

Miners are switching to autonomous drones to take care of labour-intensive tasks that require people to climb on stockpiles with GPS equipment, use 3D imaging and laser for inspections, or pilot an aircraft over sites.

According to Israeli company Percepto, miners are making the change because the next generation of autonomous artificial intelligence-powered Drone-in-a-Box or DIB is able to collect, capture and analyze more data across more applications much faster, and at greatly reduced cost.

Global gold sector unveils responsible mining principles

After two years of debate and consultations, the gold sector has come up with a set of global principles that set out clear expectations for investors and downstream users of what constitutes responsible mining.

Led by the members of the World Gold Council (WGC), an industry body that includes the world’s top producers of the metal, the Responsible Gold Mining Principles (RGMPs) are the result of two years of discussions involving various stakeholders, such as governments, civil organizations, supply chain participants and investors.