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...Togolo said the global need for copper had increased the impetus to get moving on Panguna, which is estimated to contain 5.3mn tonnes of copper and 19.3mn ounces of gold....
...De Montessus’ remuneration was the highest of any FTSE 100 chief executive in 2021....
...But we are not in the business of calling which way up a coin will land when it is spinning in the air....
...The gold price this week hit another record high, above $2,100 per ounce. Expectations of lower US interest rates and persistent demand from Chinese households are two reasons for this....
...This reflects the amount of processing power devoted to mining coins. The higher the hashrate — currently at a record high — the longer it takes to mine each coin....
...Chinese investment demand for gold — spanning bars and coins — grew 28 per cent to 280 tonnes, largely offsetting a steep drop in Europe....
...The average price of its South African platinum group metals fell 35% to $1,657 per PGM ounce — the weakest since 2019 and a problem given high costs at these mines....
...The collection signals a thematic shift for the state-owned company, which has supplied the nation’s coins since the reign of King Alfred the Great more than 1,100 years ago....
...Because Mellman’s losses are capped at $100, notching up a $97 loss would leave him unable to pay the balance from the bet, meaning SBF (presumably) gains $100 instead of $130....
...Caroline Tremlett of @adventuresinjelly, who already has more than 100 jelly moulds in copper, ceramic, aluminium and glass, is hoping to add it to her collection....
...Some operators offered as much as 100 times leverage on bitcoin....
...That’s roughly a 20th of the total supply to date — and there are at least five wallets holding around 100,000 coins each, according to Arkham Intel....
...“Half of the world’s top gold mines will be in our portfolio.” The deal gives Newmont a greater foothold in copper production, an essential metal for the energy transition....
...Michele’s reply captures both sides of the coin. Absolute yields are very high now, and it is yields, not spreads, that ultimately determine the bulk of returns....
...The plans include cutting production at its Kumba iron ore operations in South Africa and going down to one plant at its Los Bronces copper operation in Chile....
...There was lots of humming and huffing in the Kirk household this week after gold prices hit a record high last Friday. Not that I can afford even the smallest memorial coin....
...But from the start of last year, Japanese banks began imposing stiff charges of up to ¥1,100 on anyone depositing large numbers of coins....
...His state funeral was attended by 100,000 people, while the Keres Chess House in Tallinn remains open to this day....
...Imagine that you have a notebook of 100 sheets of paper, and you write “money” on every page....
...ING forecasts that gold will remain at record highs in 2024 to average around $2,100 per ounce in the fourth quarter, above the previous record high....
...After that are the market factor (buying all of the coins) and then “small-caps” — what we might otherwise call the shitcoin factor: Of course, what Wu really shows is this: of thousands of made-up digital...
...Despite all this, the penny — America’s copper-plated one-cent coin — persists....
...Unfortunately Russia relies on printing money and now I pay about 100 roubles for a bottle of milk, with our kopeck becoming obsolete....
...The government revealed on Wednesday that out of 100,000 people who responded to a consultation on boosting Britain’s “long and proud history of using imperial measures”, only 1.3 per cent were in favour...
...The FTSE 100 group’s third downgrade in production expectations in 20 months since the ex-director of strategy took charge sent shares 19 per cent lower on Friday — its biggest one-day fall since the financial...
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