Major commodity-producing countries are set to remain under intense finance strain in 2016, which will increase the risk of social unrest, says Verisk Maplecroft.
Given the rally in the gold price purchasing more than 19 tonnes may have cushioned the record $108 billion fall in China's forex reserves in December.
Prices fell Thursday for a second consecutive session. According to Metal Bulletin, the spot price for benchmark 62% fines dropped by 0.46%, or 20 cents, to $42.91 a tonne.
The alteration path from montmorillonite to muscovite can provide an indication of the proximity of an ore zone. In addition, it can also be hard to track, even for an experienced geologist. Mica alteration minerals including montmorillonite, phengite, sericite and muscovite can be identified using an oreXpress field spectrometer with optional EZ-ID mineral identification software.
The miner is one the very few bullion miners to have performed well during one of the most difficult markets conditions affecting gold producers in decades.