Daily Dispatches

From the South China Morning Post, Hong Kong
Wednesday, July 18, 2018

Divers off the South Korean island of Ulleungdo have discovered the fabled wreck of the Dmitrii Donskoi, a Russian warship that was sunk in 1905 and is rumoured to still contain 5,500 boxes of gold bars and coins said to be worth US$133 billion.

7:58p ET Tuesday, July 17, 2018

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing at Sprott Money, reports tonight that in recent months India's demand for silver has been running at record levels. But Hemke adds that paper silver traded on the New York Commodities Exchange trades every two days more silver than the world produces in a year.

By Kirstin Ridley
Reuters
Thursday, July 12, 2018

LONDON -- A French former trader with Barclays, tried in his absence by a London court in an 11-week trial, has been convicted of helping to mastermind a five-year plot to rig global interest rates.

Minerals Council Says 75% of South Africa's Mines Are Unprofitable

By Allan Seccombe
Business Day, Johannesburg, South Africa
Wednesday, July 11, 2018

Three-quarters of South Africa's gold mines are unprofitable or barely making money, says the Minerals Council SA as the sector enters wage talks that some participants hope will reflect the realities bedevilling the sector.