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China tightens gold import quotas to curb dollar outflow
By Henry Sanderson and Lucy Hornby
Financial Times, London
Wednesday, November 30, 2016
China has curbed gold imports in the wake of government attempts to clamp down on capital leaving the country, according to traders and bankers.
Some banks with licenses have recently had difficulty obtaining approval to import gold, they said -- a move tied to China's attempts to stop a weakening renminbi by tightening outflows of dollars, the banks added.
The hit to gold imports comes as China tightens restrictions on overseas deals by state-owned companies in an effort to limit capital outflows that has seen the renminbi fall to its lowest against the dollar in eight years.
... For the remainder of the report:
https://www.ft.com/content/1cf17928-b706-11e6-961e-a1acd97f622d
Golden Predator Finds New Veins of up to 30.8 g/t Gold;
Airborne Geophysics Completed at 3 Aces Project in Yukon
Company Announcement
Monday, November 21, 2016
VANCOUVER, British Columbia, Canada -- Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) is pleased to announce additional surface exploration results and the results of airborne geophysical surveys from ongoing work at the 3 Aces project in southeastern Yukon, Canada. Highlights include:
-- Seven of Spades: Newly discovered zone with stacked flat lying quartz veins returning values up to 18.55 g/t gold.
-- Queen of Spades: Newly discovered zone with values up to 30.8 g/t gold.
-- Jack of Spades: Additional results from continuous panel sampling of a second higher bench returned 20 meters of 7.62 g/t gold including 11.7 g/t gold over 12.4 meters and 37.9 g/t gold over 1.7 meters.
-- Three of Spades: Additional assays have increased strike length of vein with returns including 6.95 g/t gold. ...
... For the remainder of the announcement:
http://goldenpredator.com/_resources/news/nr_2016_11_21.pdf
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