Lawrence (Lawrie) Williams
Lawrence (Lawrie) Williams has been involved with both the technical and the financial end of the mining sector for over 40 years, formerly CEO of top mining industry business publisher, Mining Journal Limited, he was Mineweb's General Manager and Editorial Director up until October 2012 and is now Consultant Editor. He has worked as a mining engineer on gold, platinum, uranium and copper mining operations.
Lawrence (Lawrie) Williams Articles
SGE gold withdrawals have hit 374 tonnes in the first six weeks of the year – a record level in the run up to the Chinese New Year holiday.
Returning to the latest World Gold Council (WGC)/GFMS Gold Demand Trends report, which puts mainland Chinese 2014 consumer demand at a mere 814 tonnes together with the Shanghai Gold Exchange (SGE) overall withdrawal figures (around 2,100...
The huge difference between what the WGC/GFMS describes as Chinese gold demand and SGE figures, is all a question of statistics and how they are interpreted and what is actually classified as ‘consumption’ or ‘demand’
By far the largest exporter of gold to China and to Hong Kong is Switzerland and its latest figures for 2014 suggest that 36% of Swiss gold exports are now going to mainland China directly.
Each year The London Bullion Market Association (LBMA) organises a competition whereby it invites a number of professional analysts, mostly from banks and other financial institutions, to predict precious metals prices for the year ahead...
The Shanghai Gold Exchange has reported gold withdrawals for the week ending January 23rd at 70.62 tonnes – a figure on its own comfortably in excess of global newly mined gold over the same period. China watcher, Koos Jansen, describes...
Latest statistics from the USGS make for interesting reading – not because they show U.S. gold output has been continuing to fall – it’s down 7.4% year on year to date – but for the country by country export data. We have been commenting...
At 750 tonnes, HK gold exports to China were down 32% year on year, but how important in reality are these HK figures nowadays in terms of total Chinese demand?
The recent rise in the gold price, now standing at just below the $1300 mark, does not yet appear to have put a dent in Chinese gold demand as represented by withdrawals from the Shanghai Gold Exchange (SGE). Indeed it appears to be...
The annual LBMA precious metals price competition’s top gold forecaster over the years, Sharps Pixley’s Ross Norman, is bucking the mainstream analyst consensus with a $1321 average gold price forecast for 2015. Silver $18.56, Platinum $...
