Gold Archives | Be Korea-savvy
Young South Koreans Flock to Convenience Stores for Gold Amid Economic Uncertainty

Young South Koreans Flock to Convenience Stores for Gold Amid Economic Uncertainty

SEOUL, May 22 (Korea Bizwire) – As economic headwinds stir up demand for safe-haven assets, convenience stores in South Korea are seeing a surge of younger buyers snapping up affordable, bite-sized gold bars, underscoring the appeal of the precious metal as a compact investment during turbulent times.  Convenience store operators say sales of card-sized gold bars [...]

Sales of Gold Bars Soar amid Sky-high Gold Prices

Sales of Gold Bars Soar amid Sky-high Gold Prices

SEOUL, April 12 (Korea Bizwire) — With the price of gold surging in recent days, an increasing number of investors are buying actual gold products. According to industry sources, the value of gold bars sold through the nation’s four major banks during the period from April 1 to 6 stood at about 2.49 billion won [...]

S. Korea’s Minting Agency Inks Gold-based NFT Business Agreement

S. Korea’s Minting Agency Inks Gold-based NFT Business Agreement

DAEJEON, Oct. 21 (Korea Bizwire) — South Korea’s state-run minting agency said Thursday that it signed a memorandum of understanding (MOU) with a handful of domestic companies to carry out a gold-based non-fungible token (NFT) business. To broaden the online sales channels of high-end gold products, the Korea Minting and Security Printing Corp. (KOMSCO) joined [...]

Brunswick Exploration Options New Discovery Adjacent to the Fundy Gold Project

Brunswick Exploration Options New Discovery Adjacent to the Fundy Gold Project

MONTREAL, May 13 (Korea Bizwire) – Brunswick Exploration Inc. (“BRW” or the “Company”) is pleased to announce that is has signed an amendment to the option agreement made in October 27th 2020 with prospector Robert Murray to acquire a 100% interest in the Menzies Lake Claim (“Property”), located 20 kilometers west of the City of Saint John, New [...]

Erdene Announces Positive Bankable Feasibility Study Results for Bayan Khundii Gold Project

Erdene Announces Positive Bankable Feasibility Study Results for Bayan Khundii Gold Project

HALIFAX, Nova Scotia, July 20 (Korea Bizwire) – Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company“) is pleased to announce the results of an independent Bankable Feasibility Study (“BFS”) for the 100%-owned, high-grade, open-pit Bayan Khundii Gold Project (“BK” or “Project”) in southwest Mongolia. The independent BFS was prepared in accordance with National Instrument 43-101 [...]

Erdene Announces Conference Call to Discuss the Bayan Khundii Project Bankable Feasibility Study Results

Erdene Announces Conference Call to Discuss the Bayan Khundii Project Bankable Feasibility Study Results

HALIFAX, Nova Scotia, July 20 (Korea Bizwire) – Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) (“Erdene” or the “Company“), will be hosting a conference call to review results of the Bankable Feasibility Study (“BFS”) for its 100%-owned Bayan Khundii Gold Project, to be announced after market close today. The conference call is scheduled for 10:00 am ET on [...]