Page 47 - Bullion World Volume 03 Issue 07 July 2022
P. 47

Bullion World | Volume 2 | Issue 07 | July 2022




            INTERNATIONAL news










































             G7 nations announce Russia gold ban as the       The move by Britain, the United States, Japan, and
             summit starts under the shadow of war            Canada is part of efforts to tighten the sanctions
             Members of the Group of Seven wealthy nations on   squeeze on Moscow and cut off its means of financing
             Sunday announced a ban on imports of Russian gold   the invasion of Ukraine more than four months into a
             as the G7 summit in the Bavarian Alps begins under   conflict.
             the shadow of the war in Ukraine and consequences   Source: https://www.nasdaq.com
             ranging from energy shortages to a food crisis.






                                                                         Uganda discovers gold deposits
                                                                         worth 12 trillion USD
                                                                         After several surveys, Uganda found
                                                                         that it had discovered 31 million metric
                                                                         tons of gold waiting to be mined in
                                                                         the country. A spokesperson from
                                                                         the Ministry of Energy and Mineral
                                                                         Development in Uganda, Solomon
                                                                         Muyita, said that these reports aim to
                                                                         attract gold miners and investors in the
                                                                         crypto sector.
                                                                         Source:
                                                                         https://www.miningreview.com/






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