Richmont Mines Reports Record Sales for Q4 and full year 2008

Saturday, February 28, 2009

Richmont Mines Inc. , a gold exploration, development and production company with operations in Canada, reported financial and operational results for Q4 and year ended December 31, 2008. For more information, click here

PNG Govt strengthens Barrick gold’s Porgera mine security

Saturday, February 28, 2009

Soldiers and police in Papua New Guinea are being sent into the country’s highlands to help tackle a deteriorating security situation near Barrick Gold’s Porgera mine. For full story, click here

Newmont’s gold output to increase by 81%

Saturday, February 28, 2009

Gold mining companies are all set to increase their output in the coming months. In a new disclosure, Indonesian unit of Newmont Mining said its gold output will rise by 81 per cent this year. For more information, click here

A golden future?

Saturday, February 28, 2009

For those still undecided about gold, this decline could provide some excellent opportunities. For full story, click here

Gold as a deflationary hedge

Saturday, February 28, 2009

Why did gold touch $1,000 an ounce this month if we have declining prices? Wasn’t gold a classic inflation hedge? For full story, click here

Gold declines for 5th straight day after topping $1,000

Saturday, February 28, 2009

Gold declined slightly in choppy trade on Friday, falling for a fifth straight session after bullion rose above $1,000 last week, as investors opted to sell the metal amid volatile stock markets. For full story, click here

Derivatives market point towards further rise in Gold prices

Saturday, February 28, 2009

The trend in gold derivatives market is pointing towards further jump in prices of the yellow metal, Merrill Lynch said. For more information, click here

High prices affects India’s gold market; zero import in Feb.

Saturday, February 28, 2009

India might be the biggest importer of gold, but it has not shipped in the precious metal in February as demand has decline due to record high prices. For full story, click here

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Philex now more a gold miner

Thursday, February 26, 2009

Philex Mining Corp., the Philippines’ largest mining company, is now more of a gold miner than a copper miner as the precious metal hits $1,000 per ounce. For more information, click here

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Lamgold post Q4 loss

Thursday, February 26, 2009

Canadian precious metal miner Iamgold posted fourth-quarter loss but gave a positive outlook. For more information, click here

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Asides
  • The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

  • GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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