In its Fruta del Norte site a drill core showed a rich 32 troy ounces of gold per ton of rock.

FORBES: Latin Mining Via Toronto

While heavy gold bars are an impressive sight, their large size (up to 400 troy ounces) makes them illiquid, and therefore costly to buy and sell.

FORBES: Getting Into The Gold Market

ETFs held about 73.41 million troy ounces of gold at the end of trading Friday, down about 5.2% from April 11, before the slide, and down 13% from the start of the year, according to data from RBC Capital Markets.

WSJ: Gold Rally May Lose Steam

That has led to the loss of 15, 000 troy ounces of platinum output, an expected 8.5% increase in unit costs for the year and a risk that the company would miss its full-year production target of 750, 000 ounces, Lonmin said.

WSJ: South Africa Labor Unrest Spurs Deadly Gunbattle

For them, and for some Moscow intellectuals, Mr Luzhkov was high-handed and wasteful in the way he had Christ the Saviour rebuilt in double quick time and persuaded Stolichny Bank to pour 53 kilos (1, 700 troy ounces) of gold into the gleaming new dome.

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