The cost of gold decreased by 5.53 manats (0.25%), to 2249.9633 manats per troy ounce in Azerbaijan on March 6, according to the data published by the country’s Central Bank. The cost of silver decreased by 0.6%, to 27.9995 manats per ounce, platinum by 0.6%, to 1637.2983 manats, and the cost of palladium decreased by…
The number of business entities involved in operations with precious metals and stones increased in Kyrgyzstan in 2017, the Ministry of Finance reported with reference to the Department of Precious Metals. According to it, last year 877 business entities were involved in such operations (in 2016 – 608). According to statistics, most of the entrepreneurs…
According to the decree of the Council of ministers the list of companies that have the right to procure and process precious metals scrap and waste has been updated. One more company was included in the list, brining the total to 32. Such companies determine the terms of acceptance and submition of precious metals wares,…
The joint Tajik-Chinese precious metals manufacturer Zeravshan is undergoing a reconstruction. “At present we are renewing the production line, thus mining has been suspended”, the company reported. Zeravshan is the largest precious metals miner in Tajikistan with the share of 70%. It was founded in 1994 on the basis of the gold-extracting factory, which began…
The Ministry of Finances suggests increasing the volume of sanctions for the breach of precious metals and stones mining, using and storing rules. The maximum fines for companies and individual entrepreneurs could increase 5-fold, to 250 thousand rubles, for officials – 4.7-fold, to 70 thousand rubles. The decision is aimed at decreasing the grey market.…
Since the start of the year the prices of precious metals have increased by 6% as opposed to the 1.5% growth in the last week of 2017. For January 8-14 the following sales prices are set: gold – 20462.92 drams per 1 gram (up by 4.8%), silver – 266.26 drams (up by 6.8%), platinum –…
The Belarusian president Alexander Lukashenko has signed a decree to increase the number of deposits to be given into concession to investors. According to the document, signed on May 30, three more oil deposits have been included in the list. Now the list has 15 objects, including precious metals deposits of Zuberovo in Minsk region.…
Belarus has plans to sign a concession agreement for the development of a precious metals deposit which contains platinum group metals among others, Sergei Mamchik, the director of the geology department at the Ministry of Natural Resources and Environment Protection, said. The specialist explained that one of the deposits discovered in Belarus contained precious metals,…