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U.S. security and law-enforcement officials say they have fresh evidence of recent efforts by Iran to evade sanctions and acquire metals from China used in high-tech weaponry, including long-range nuclear missiles. Iran's efforts are detailed in a series of recent emails and letters between Iranian companies and foreign suppliers seen by The Wall Street Journal. Business records show one Iranian company, ABAN Commercial & Industrial Ltd., has contracted through an intermediary for more than 30,000 kilograms (about 66,000 pounds) of tungsten copper -- which can be used in missile guidance systems -- from Advanced Technology & Materials Co. Ltd. of...

Tyler Durden 06/06/2014 Two years ago, stories of fake tungsten-filled gold coins and bars began to spread; it appears, between the shortage of physical gold (after Asian central bank buying) and the increase in smuggling (courtesy of India's controls among others) that gold fraud is back on the rise. As SCMP reports, a mainland China businessman, Zhao Jingjun, discovered that HK$270 million of 998kg of gold bars he bought in Ghana had been swapped for non-precious metal bars. What is perhaps even more worrisome, given the probe into commodity-financing deals and the rehypothecation evaporation; these gold bars were shipped to...

Report of 1 Kilo Gold Bar Filled with Tungsten Found in UK March 26, 2012 “What appears to be a tungsten filled gold bar has been found – this time in the UK. It is believed that a scrap dealer bought the Metalor 1 kilo gold bar of 99.98% purity from a member of the public. Metalor are a leading international gold refiner and bar manufacturer, headquartered in Zurich. The bar appears to have been tampered with and may have had holes drilled into it or melted out and then had tungsten rods inserted or tungsten poured into the holes....

Attack of the INGOTs Posted: November 22, 2003 1:00 a.m. Eastern By Tom Marzullo © 2003 WorldNetDaily.com Currently, "What next?" seems to be a common thread in the mainstream media. For a group of educated people who spend most of their waking hours broadcasting and writing about everything that they think you should know about trees, there seems to be a certain lack of understanding that a sufficient number of them will join to comprise a forest. Now that I have been sufficiently obscure, let us look at one such military and political forest in Saudi Arabia by discussing a...

WASHINGTON, May 23 (UPI) -- U.S. soldiers in Iraq seized what is believed to be some $500 million worth of gold during a routine vehicle search near the border with Syria, U.S. Central Command said. Soldiers from the 3rd Armored Cavalry Regiment stopped a Mercedes truck in Al Qaim Thursday and discovered 2,000 40-pound, 10-inch long ingots. The driver and passenger in the vehicle said they had been paid about $350 to pick up the truck in Baghdad and drive it to Al Qaim. They said they were told the bars were bronze. The truck, the two men and the...