HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: Big Banks no longer selling Gold
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ZURICH, Sept 29 (Reuters) - The Swiss National Bank said on Monday it had concluded the sale of 250 tonnes of gold, announced in June 2007, and said it had no plans for any further gold sales. ===========
FRANKFURT, Sept 29 (Reuters) - Germany's Bundesbank will hold on to the vast bulk of its gold reserves in the next 12 months, the central bank said on Monday.
The Bundesbank, which is the second-largest hoarder of gold behind the U.S. Federal Reserve, said it would sell no gold apart from 6.5 tonnes to the German finance ministry, as already agreed.
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