Silver investment by American buyers is expected to drop sharply in 2017 to its lowest point this decade, according to Metals Focus, The Independent Precious Metals Consultancy. During 2017, the consultancy predicts retail investment in the U.S. may drop 20 percent from 2016, to an estimated 78 million ounces.
Sales tax exemptions for numismatic coins and precious-metal bullion were eliminated in Louisiana in 2016, and while some tax relief has been restored, each affected group must demonstrate that the state will be better off financially if the group regains its exemption.
A new silver bullion coin offers a close look at a hefty animal, and when it comes to size, the coin is no slouch either. The 2017 Water Buffalo silver 50-franc coin is issued by the Democratic Republic of the Congo in conjunction with the Scottsdale Mint. At 100 grams, it appears to be the world’s first silver bullion coin of this size.
Great Panther Silver Ltd. is focusing its attention on surface drilling at its Guanajuato mine complex in its quest “to become a leading primary silver producer by acquiring, developing and profitably mining precious metals in Latin America.”
The Moose River gold mining region of Nova Scotia in Canada is experiencing a modern gold rush, with pockets of gold harvested from surface mining where deep-mine production once reigned. Atlantic Gold Corp. is confident the company's Moose River Consolidated Project will be able to extract 87,000 ounces of gold from its Touquoy mine when operations are running full...
The Pobjoy Mint has announced the first bullion coin ever issued for the Falkland Islands, and the Reverse Proof 2017 1-crown coin depicts a helmeted version of Britannia, the personification that has come to signify Great Britain.
With input from numismatic experts, the Attorney General of Texas, Ken Paxton, has issued a consumer protection alert about buying and selling gold coins.
On the Fourth of July, 2017, Whitman Publishing will release a newly updated 2nd edition of its award-winning book GOLD: Everything You Need to Know to Buy and Sell Today, by Jeff Garrett and Q. David Bowers. It is available for preorder online and will be offered at bookstores and hobby dealers nationwide for $14.95.
Prospects for a South African Krugerrand bullion coin struck in platinum are quickly fading. Terence Creamer is reporting on MiningWeekly.com that Daniel Mminele, deputy governor for the South African Reserve Bank, says the bank will not demand that the South African Mint produce a platinum bullion coin.
Canadian-based Endeavour Silver has expanded its mining reach in Zacatecas, Mexico, by acquiring properties in the Calicanto and Veta Grande regions. In a June 6 announcement, Endeavour Silver reports it purchased for $400,000 in U.S. dollars the Calicanto property from Arian Silver Corp. The property covers five known silver-gold-lead-zinc veins spanning more than...