Gold Fields Ltd., Africa’s second-leading producer of the precious metal, declared that it expects output to surge about 4% on the quarter in the final three months of the financial year, to bring it closer to its target of 1 million ounces a quarter. For full story, click here
Nary a week passes without some new analyst report recommending Ventana Gold as a ‘Buy” at prices exponentially higher than the last week. For full story, click here
Newmont Mining Corp. declared that it has finished the acquisition of the remaining 33.33% interest in the Boddington project from AngloGold Ashanti Australia Ltd. a wholly-owned subsidiary of AngloGold Ashanti Ltd. For full story, click here
Apollo Gold Corporation declared private placement financings pursuant to which Apollo proposes to sell 13,888,889 flow-through common shares for purposes of the Income Tax Act at CDN$0.54 per Flow Through Share and 5,555,556 common shares at a price of CDN$0.45 per Common Share on a bought deal basis, to raise gross proceeds of CDN$10,000,000. For [...]
The last one-year has brought in a clear-cut difference between gold exchange-traded funds and Fund of funds for investors who have been uncertain as to which of these funds is a better bet. In the last one-year, ETFs have done extremely well with 14% returns over last one year, but the two fund of funds [...]
The last one-year has brought in a clear-cut difference between gold exchange-traded funds and Fund of funds for investors who have been uncertain as to which of these funds is a better bet. In the last one-year, ETFs have done extremely well with 14% returns over last one year, but the two fund of funds [...]
Harmony Gold Mining, named the preferred bidder for ’s Free State assets today, may spend about 13 mln in the first year to restart production. For full story, click here
Today Excel Gold Mining Inc. declared that it has received Exchange approval for the acquisition of the “Batiscan II” mining properties. As such, the Exchange issued a bulletin on June 25th, 2009 confirming that Acquisition. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News Bargain hunting drove gold futures into a rally on Thursday, helped by unusual events across the globe – Chinese comments about the metal and expectations that a low interest-rate environment will eventually lead to inflation. August gold rose 5.10 to $939.50 an ounce on the Comex division [...]
Kinbauri Gold Corp. has today provided an update on its review of strategic alternatives to maximize shareholder value in response to the unsolicited offer to purchase all of the outstanding Kinbauri shares made by Orvana Minerals Corporation. For full story, click here
Friday, June 26, 2009