Bundesbank strives to show Germans that their gold is real


By Carolynn Look
Bloomberg News
Tuesday, April 10, 2018

If Germans have any doubts about the authenticity of their gold -- and some of them really do -- their central bank is doing all it can to qualm their concerns.

Germany's Bundesbank this week launches a nearly six-month exhibition on gold, which will showcase the most interesting gold bars and coins in the central bank's collection. That follows its release earlier this month of a book on “The Gold of the Germans,” which “for the first time shows readers the gold bars in such a way as if they were held in their own hands,” according to board member Carl-Ludwig Thiele.

The subject of the country's reserves became particularly heated during the years of the sovereign debt crisis, when lawmakers and members of the public began to wonder why it had taken so long to repatriate the Bundesbank's gold amassed during the post-war boom. Since then, the central bank has made an expedited effort to bring them back home, and it also made a short documentary on the subject. ...

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Cobalt Blockchain Announces Supply Agreement
for Cobalt Concentrate from DRC Artisanal Mines Co-op

Company Announcement
Friday, April 6, 2018

TORONTO -- Cobalt Blockchain Inc. (TSXV:COBC) announced today that it has successfully negotiated a supply agreement with one of the largest local mining cooperatives in the Lualaba province of the Democratic Republic of the Congo.

Commencing in June 2018, the company will be supplied with a minimum of 40,000 tonnes of cobalt concentrate per year, with a minimum grade of 1 percent cobalt.

"This is a significant milestone in our strategy to generate near-term cash flow," noted Lance Hooper, Cobalt Blockchain president and chief operating officer. "Supply agreements with established mining cooperatives complement our plans for larger-scale, mechanized production activities on mineral concessions in our property portfolio." ...

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