Gold Investing News» Gold Articles

Gold Prices Increase on Bank of England Rate Decision

dave — Fri, 10 Feb 2012 12:30:08 +0000

The Bank of England preserving its official Bank Rate paid on reserves at 0.5 percent helped the spot market price of gold to climb to $1747.50 per troy ounce. Gold prices were further supported by the Bank's vote to inject another 50 billion pounds into its financial system along with news of Greek leaders finally negotiating a deal on fiscal reforms.

Gold Mining Challenges

michelle — Wed, 08 Feb 2012 12:30:57 +0000

Gold miners may be set for another year of strong earnings but with them, there will be challenges.

Gold Prices Higher on Positive US Economic Data

dave — Fri, 03 Feb 2012 12:30:34 +0000

Gold spot price has climbed nearly 12 percent so far in 2012, supported by positive economic data and monetary policy guidance in the US.

Will China’s Demand Drive Gold’s Performance in 2012?

michelle — Wed, 01 Feb 2012 12:30:45 +0000

As expected, there was strong gold consumption associated with the Chinese New Year celebrations. But will the Year of the Dragon be one of sustained strong demand from China?

Gold Price Increases Following Federal Reserve Rate Announcement

dave — Fri, 27 Jan 2012 12:30:49 +0000

Following Wednesday's announcement by the Federal Reserve that interest rates would likely stay near zero in the coming two years, the price of gold surge to its highest price in four months.

Gold Mining in Cambodia: Attractive but Risky

michelle — Wed, 25 Jan 2012 12:30:52 +0000

There's gold in Cambodia. The question is-- are the risks and costs worth the possibilities?

Gold Producers Receive Optimistic Analysts’ Forecasts

dave — Fri, 20 Jan 2012 12:30:49 +0000

Strong supply and demand fundamentals give long-term bullish gold outlook.

Gold Producer Jaguar Mining Explores Alternative Merger Options

dave — Fri, 13 Jan 2012 12:15:56 +0000

Jaguar Mining said on Wednesday it has signed confidentiality agreements with several parties announcing it was engaging in a strategic review process to “explore alternatives”.

Newmont to Pay $2 Billion in Taxes For Peru’s Conga Mine After Protests

Karan Kumar — Mon, 09 Jan 2012 12:30:47 +0000

Newmont Mining Corp said on January 5 it would pay more than $2 billion in taxes over the life of its proposed Conga mine inPeru after violent protests by residents and local politicians in the Cajamarca region -- where the operation is located -- since November. The protestors claim the Colorado gold miner’s activities will taint their water and affect a major aquifer.

Chalice Gold to Sell Eritrea Project to China SFECO Group

dave — Fri, 06 Jan 2012 12:30:17 +0000

Chalice Gold has agreed to sell its 60 percent interest the Zara gold project in Eritrea to China SFECO Group for $100-million. The sale will enable Chalice to pursue other mining opportunities in Eritrea and around the world.