Century Mining Corporation declared that the Company is in receipt of a financing term sheet for a US$25 million prepaid gold forward facility from a major international bank with a large gold trading business. For full story, click here
Read the full article: "Century Mining Secured Term Sheet for $25mln..."
Friday, July 31, 2009
The World Gold Council has forecast that gold prices could soon touch the crucial $1,000 mark very soon due to surging production costs and dwindling supply. For full story, click here
Read the full article: "AngloGold Ashanti dehedging and bullish Gold"
Friday, July 31, 2009
AngloGold Ashanti, the world’s No. 3 and Africa’s top gold producer, declared an 11 percent jump in earnings for the second quarter due to higher output, beating market forecasts. For full story, click here
Read the full article: "AngloGold’s Q2 Earnings Surged 11% on..."
Friday, July 31, 2009
Barrick Gold Corp. declared a stronger-than-expected quarterly net profit on Thursday, giving its shares a boost, while the company’s chief executive forecast lower mining costs in the quarters ahead. For full story, click here
Read the full article: "Barrick Gold Profit Edged Up"
Thursday, July 30, 2009
By Kishori Krishnan Exclusive To Gold Investing News Gold mining is down in the dumps, with production decreasing around four to five per cent per year. The days of peak production are way behind us. It is a sad story on the supply side. Even if demand stays the same, there is only one way [...]
Read the full article: "Economic Recovery Ensures Gold Party"
Thursday, July 30, 2009
Lake Shore Gold Corp. declared that it expects to issue its second quarter 2009 results following the market close on Wednesday, August 5, 2009. For full story, click here
Read the full article: "Lake Shore Gold announced details of 2nd..."
Thursday, July 30, 2009
Russia’s largest gold producer, Polyus Gold, declared that its gold output declined 14.4%, in January-June 2009, year-on-year, to 14.9 metric tons. For full story, click here
Read the full article: "Russia’s Top Leading Gold Producer..."
Thursday, July 30, 2009
Barrick Gold, the world’s leading gold producer, is scheduled to release second-quarter earnings Thursday before the market opens. The following is a summary of key developments and analyst opinion related to the period. For full story, click here
Read the full article: "Barrick Gold declared 2Q"
Thursday, July 30, 2009
Perseus Mining Ltd declared that it will proceed to mining its flagship Ayanfuri project in Ghana, West Africa, where the junior explorer has defined a large maiden gold reserve. For full story, click here
Read the full article: "Perseus will mine Ayanfuri Gold Project"
Thursday, July 30, 2009
Trilliant Exploration Corp., a fully operational and producing gold mining company based in Southern Ecuador, declared revenue estimates from gold sales for June 2009. For full story, click here
Read the full article: "Trilliant Exploration declared Gold Mining..."
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Friday, July 31, 2009