Daily Dispatches

Nevsun reports vandalism at Eritrea mine but nothing about air raid

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Nevsun Resources Describes Reported Attack on Eritrea Mine as 'Act of Vandalism'

Claire Brownell and Peter Koven
National Post, Toronto
Monday, March 23, 2015

Nevsun Resources Ltd. is describing an attack on its Bisha mine in Eritrea as an "act of vandalism," an account that contrasts starkly with African media reports saying the mine was bombed by Ethiopan fighter jets.

China's Zijin in talks to buy gold, copper mines abroad

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By Polly Yam
Reuters
Monday, March 23, 2015

HONG KONG -- China's Zijin Mining Group Co. Ltd. is in talks to buy gold and copper mining assets abroad and expects to finalise some acquisitions this year, its chairman said on Monday.

Chen Jinghe said that current market conditions were favourable for acquisitions but did not identify targets.

On CNBC Asia, GATA secretary discusses gold market rigging and its consequences

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11:17a HKT Monday, March 23, 2015

Dear Friend of GATA and Gold:

Ethiopian warplanes reported to have attacked Nevsun gold mine in Eritrea

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Ethiopian Planes Raided Bisha Gold Mine

From the Asmarino Independent
(Eritrean exile Internet site)
Saturday, March 21, 2015

Ethiopian fighter planes bombed the site of Eritrea's Bisha gold mine, reported Al-Sahafa, a leading Sudanese Arab daily in its March 21 edition.

Alasdair Macleod: The new order emerges

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11:20a SGT Saturday, March 20, 2015

Dear Friend of GATA and Gold:

Shanghai gold withdrawals remain strong at 51 tonnes for week

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9:10a SGT Saturday, March 21, 2105

Dear Friend of GATA and Gold:

Withdrawals from the Shanghai Gold Exchange, a proxy for China's gold demand, were 51 tonnes for the most recent week reported, Bullion Star market analyst and GATA consultant Koos Jansen reports today, continuing a strong pattern. Jansen's report is posted at Bullion Star here:

London's 'reformed' gold fix mechanism gets all of two new participants

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Goldman, UBS Join Former 'Fixing' Banks for New LBMA Gold Price

By Jan Harvey
Reuters
Friday, January 20, 2015

LONDON -- The new London Bullion Market Association Gold Price went live for the first time on Friday, with Goldman Sachs and UBS joining the four members of the now-defunct gold "fix" in setting its electronic replacement.

Romania gets its gold back -- after 1,900 years

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Maybe there's hope for the Bundesbank.

* * *

Gold Looted From Ancient Empire Returned to Romania

By Andrew Curry
National Geographic, Washington
Friday, March 20, 2015

Ronan Manly: London gold trading data disappears as new fix mechanism begins

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10:08a SGT Friday, March 20, 2015

Dear Friend of GATA and Gold:

Bank of New York Mellon will settle currency trade case for $714 million

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By Ben Protess
The New York Times
Thursday, March 19, 2015

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