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The action relates to efforts to recognise and enforce the company’s 2014 arbitral award against Venezuela

Paul Rivett will continue to serve as a director and as executive vice-chairman of its board of directors

Arbitrade co-founder Troy Hogg has filed a complaint in the Supreme Court of the State of New York against 13 defendants seeking damages in the tens of millions of dollars. Joining Ontario resident Mr Hogg as plaintiffs in the wide-ranging action are...

Apex Group Ltd, the Bermuda-based global financial services provider, has been appointed to provide fund administration and accounting services to US Gold Opportunity Fund LP. Apex said USGO is a qualified opportunity fund that offers investors a sim...

A Bermuda-based gold mining firm is to resume operations in South America. Gold Bar Development & Consulting has significant holdings in the jungles of Guyana, which are rich in gold deposits. But the firm was forced to suspend mining operations on s...

Bermuda Gold Exchange manager says companies taking ‘a major hit’ due to stolen gold By Ceola Wilson Cash-for-gold businesses are to come under increased scrutiny as police try and clamp down on thieves. Stricter regulation of the industry is now und...

Bermuda Gold Exchange is launching locations Island-wide through an agency agreement with Western Union representative, Bermuda Financial Network (BFN). Cash-for-gold counters will be in place this month starting at the Western Union branch in Somers...

Residents strapped for cash are increasingly trading in their gold for money to pay bills and even mortgage payments due to the economic crunch. One company has paid out $3 million alone as Bermuda’s gold exchange outlets take on a steady upsurge in ...

Gold Standard Bermuda has marked reaching the milestone of $1 million in gold purchases with a $500-a-day giveaway. The giveaway is open to all customers who cash in on a minimum of $200 in gold items with draws taking place daily at the store in 61 ...

Nervous investors in search of safe havens amid continuing uncertainty in Europe and Washington have driven the price of gold to record highs and, according to one local analyst, that trend looks set to continue. “During the last several months you’v...