Gold may open up on global leads
Gold futures are expected to open marginally higher on Monday in step with global markets, an analyst said. For full story, click here
Archive for December, 2008
RX Releases Gold and Silver Resource Calculations
RX Exploration Inc. released its first resource estimate from its ongoing underground diamond drill program at the Drumlummon Mine at Marysville, Montana. For full story, click here
Gold/Nickel ratio likely to slip due to recession: Deutsche
Deutsche Bank said that the gold to nickel price ratio, a key indicator of economic performance, could fall into single digits if the recession is as deep as that of the early 1980s. For full story, click here
Gold sales slow, shares spike
By Kishori Krishnan Exclusive to Gold Investing News Got anything special on your calendar for December 25? Well, ink this in. By executive proclamation, Gov. Sarah Palin has declared Thursday ‘Iditarod Gold Discovery Day’ to mark the 100th anniversary of the first strike in the Iditarod gold fields. The proclamation, dated November 21, encourages “all [...]
Chinese still keen on Philippine mines
Chinese mining giants have expressed renewed interest in local mining projects while another firm has been allowed to explore anew, a government official said. For full story, ciick here
The Maha Oya gold rush
More than one and a half centuries ago, specs of this precious metal were found and hundreds rushed to the Yattalgoda area but suddenly the mining stopped. Why? For full story, click here
Simmers & Jack May Fire 500 Workers at Gold Mine
The South African gold producer, may fire as many as 500 employees at its Buffelsfontein mine in the next two months unless productivity improves. For full story, click here
Few commodities can offer the security and allure of gold
It is just a shiny, yellow substance we dig out of the ground, but we have such a deep-seated romantic relationship with gold that most of us believe it could never be a realistic investment option for us mere mortals. For full story, click here
Gold rallied to $814.50 an ounce
On the London Bullion Market, gold rallied to $814.50 an ounce at late fixing from $774.50 a week earlier. For full story, click here
Gold producers need to get glitter on margins
Gold producers have only themselves to blame for missing out on a market re-rating in line with the surge in local gold prices to near record territory. For full story, click here
