Found: 23

Where is Polyus Investing?

Polyus invested RUB 102.7 billion in 2023 in gold mining development, environmental projects, and automation. Find out how Russia's largest gold miner is modernizing its assets, introducing innovations, and strengthening its position in the global market. Where is Polymetal Investing? Public Joint ...

Investing in Gold – Arguments in Favor of Investment

... increase. Decreasing supply. Approximately 200,000 tons of gold have been mined globally since the discovery of mines, with around 50,000 tons still available for extraction. Over 100,000 tons remain in hard-to-extract ores. Annually, roughly 3,000 tons of gold are mined, with the rate of extraction increasing by several percentage points each year. Experts estimate that by 2030, existing mines will be fully exhausted, making further extraction impossible. The cost of extraction is increasing yearly, primarily due ...

Russia Launches Independent Gold Exchange: An Alternative to LBMA and a Step Towards Dedollarization

In the context of global economic uncertainty, Russia is launching an independent gold exchange, which represents a significant step towards dedollarization and financial independence for the country. The establishment of this platform will not only simplify gold trading but also offer an alternative to existing international mechanisms ...

Economic Events and Company Reports - July 30, 2025

... this as a signal of the company’s robust standing, even in light of potential future contract losses with Apple. Conversely, any cautious outlook or hints of market share contraction could pressure QCOM shares. Kinross Gold (KGC) – an international gold mining company with mines located in the US, Brazil, and West Africa. 2025 is favorable for gold: prices remain high at about $1950-2000 per ounce, driven by investor interest in protective assets. Kinross, having recently sold its Russian assets and refocused on other regions,...

Cryptocurrency News - Friday, August 1, 2025

... backdrop of reduced uncertainty. Top 10 Most Popular Cryptocurrencies Bitcoin (BTC) – around $120,000. The first cryptocurrency holds over 45% of the total market capitalization and has established new heights. Investors perceive Bitcoin as "digital gold" and a hedge against inflation risks, which sustains high demand. Ethereum (ETH) – approximately $3,900. The largest altcoin with a market share of ~18%. Ethereum is strengthening due to network upgrades and rising institutional interest—capital ...