Physical Gold & Silver trading
New Times Energy has begun conducting physical gold trading activities since 1 June 2020; physical silver trading activities began on 1 Mar, 2021.
Our trading key performance indicators (KPIs) are as follows:
|Physical Gold & Silver Trading||HK$|
for 1H 2021 (from 1 Jan, 2021 to 30 Jun, 2021)
|HK$ 4.84 billion|
Gold and Precious Metal Refinery
New Times Energy is working closely with an industry specialist company on building a Gold Refinery Plant in Hong Kong. The Project information is as follows:
- Total investment of HK$20million.
- Processing Capacity: 50 tonnes (1,607,537 troy oz) of gold per year.
- Refinery operation to commence on 1 Apr, 2022.
Estimated Revenue from physical gold trading and refining activities at US$2,539 Million (HK$ 19,807 Million) for YE 2022 (from 1 Jan 2022 to 31 Dec 2022)