Project Detail
Physical Gold & Silver trading
New Times Energy has begun conducting physical gold trading activities since 1 June 2020; other physical precious metals began on 1 Mar, 2021.
Our trading key performance indicators (KPIs) are as follows:
| Physical precious metals trading | ||||
|---|---|---|---|---|
| Volume traded | 3.1 million oz | |||
| Trading revenue | HK$19,910.7 million | |||
Gold and Precious Metal Refinery
New Times Energy is working closely with our precious metals trading business partner on building a gold and precious metals 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 in Q3 2023