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Sabina Gold & Silver Announces Financial Results for the Quarter Ended September 30, 2017

Sabina Gold & Silver Announces Financial Results for the Quarter Ended September 30, 2017

VANCOUVER, British Columbia, Nov. 14 (Korea Bizwire) — Sabina Gold & Silver Corp. (“Sabina”) or (the “Company”) (TSX:SBB) reports the financial results for the quarter ended September 30, 2017. “With the positive recommendation received from the Nunavut Impact Review Board (“NIRB”) in July, the third quarter of 2017 saw a milestone de-risking event for the [...]

Gold Smuggling Soars, Using “Classic Tricks”

Gold Smuggling Soars, Using “Classic Tricks”

INCHEON, Dec. 29 (Korea Bizwire) – The Korea Customs Service announced Thursday that gold smuggling has risen rather dramatically since 2011, with 99 cases last year worth 9.1 billion won ($7.5 million) in total value.  According to the KCS, inbound gold smuggling cases dropped following the 2008 financial crisis, from ten cases (33.2 billion won) [...]

Korean Researchers Discover Massive Gold Deposit

Korean Researchers Discover Massive Gold Deposit

DAEJEON, Aug. 24 (Korea Bizwire) – The Korea Institute of Geoscience and Mineral Resources (KIGAM) announced Tuesday that it had discovered a deposit of 211,283 tons of gold ore in Jindo and Haenam, South Jeolla Province, using newly-developed technology. According to the institute, the ore should account for 627.5 kilograms of pure gold, which at [...]

Investors Head Toward Short-Term, Safe Assets amid Brexit Crisis

Investors Head Toward Short-Term, Safe Assets amid Brexit Crisis

SEOUL, June 27 (Korea Bizwire) – Local investors are increasingly beginning to lean toward the U.S. dollar and other safer assets, such as short-term deposits, market data showed Monday, following Britain’s unprecedented vote to quit the European Union (EU) that has apparently left long-term commitments riskier, as well as unattractive, amid record low interest rates.  [...]