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Avery Goodman: India delegitimizes rupee, boosts gold demand
11:35a ET Monday, November 14, 2016
Dear Friend of GATA and Gold:
Securities lawyer and market analyst Avery Goodman writes today that India's abrupt cancellation of the bulk of its paper currency will diminish faith in the rupee and build support for gold. Goodman's analysis is headlined "India Delegitimizes Rupee, Lighting Fire Under Long-Term Gold Demand" and it's posted at his internet site here:
http://averybgoodman.com/myblog/2016/11/14/india-delegitimizes-rupee-lig...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
K92 Mining Begins Gold Production at Kainantu Mine
Company Announcement
Wednesday, October 5, 2016
K92 Mining Inc. is pleased to announce that gold production has commenced from the Irumafimpa gold deposit.
Ian Stalker, K92 Chief Executive Officer, says: "This milestone is highly significant for our company, and for this region of Papua New Guinea. A great deal of thanks goes to the entire team on site in PNG in achieving production ahead of schedule and on budget. The rehabilitation of the Irumafimpa gold mine, process plant, and associated infrastructure commenced in late March and is now complete. As an enhancement of the processing facility, we are also pleased to note that the installation of a new drum scrubber is also nearing completion and commissioning of this will be completed by the end of the month. ..."
...For the remainder of the announcement:
http://www.k92mining.com/2016/10/6077/
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