By Kishori Krishnan Exclusive To Gold Investing News Toronto’s main stock index TSX closed lower on Monday after four straight positive sessions, as gold miners retreated on lower bullion prices. The price of gold slid below $945 an ounce on pressure from a firmer US dollar. Shares of Kinross Gold (K.TO) fell 1.5 per cent [...]
Read the full article: "Gold Price Toes The $"
Thursday, August 20, 2009
While the second quarter of 2009, saw some normalcy setting in the international economy and recovering stock markets, gold investment demand experienced a healthy surge of 46% during the quarter compared to last year. For full story, click here
Read the full article: "Central Banks Have Turned Net Buyers of Gold..."
Thursday, August 20, 2009
By Kishori Krishnan Exclusive To Gold Investing News History does repeat itself. Going by the historic pattern of the gold market in the ‘70s, gold is set to experience an upward resistance for 19 months after its recent peak. Gold’s recent peak was $1,014 in March ’08, roughly 17 months ago. If this bull market [...]
Read the full article: "Gold Price Readying For A Leg Up"
Wednesday, August 19, 2009
Canadian gold mining company Kirkland Lake Gold Inc declared that it would raise $23 million by privately placing 3.1 million units. For full story, click here
Read the full article: "Kirkland Lake Gold will Surge $25.3 mln in..."
Wednesday, August 19, 2009
Luiri Gold Limited shareholders voted overwhelmingly in favor of a change of control and Luiri Gold has closed the second placement for CDN $ 1,137,167.90 from Lachlan Star Ltd to bring their holdings to 31%. Luiri Gold has commenced a major plus 10,000m drilling programme both to expand the resource base and upgrade the current [...]
Read the full article: "Luiri Gold Has Completed Placement for $2.6..."
Wednesday, August 19, 2009
High impact exploration is the name of the game at Solomon Gold PLC, which is exploring for large deposits in the Solomon Islands, a region considered to be one of the best addresses for world class discoveries. For full story, click here
Read the full article: "Solomon Gold Declared Solid Progress From..."
Wednesday, August 19, 2009
Detour Gold Corporation declared assay results for an additional 35 holes totaling 16,655 metres from its 2009 infill diamond drilling program at the Detour Lake project in northern Ontario. For full story, click here
Read the full article: "Detour Gold Declared Drill Results From Its..."
Wednesday, August 19, 2009
Chalice Gold Mines Limited will open a fresh chapter in its history as an African-focused gold exploration and development company this week following receipt of final Court approval of its merger with fellow Perth-based junior, Sub Sahara Resources. For full story, click here
Read the full article: "Chalice Gold will complete African Gold..."
Wednesday, August 19, 2009
Harmony Gold Mining Co., the world’s fifth-leading producer of the metal, on Monday surprised the market with its first dividend in five years after fourth quarter earnings beat forecasts. For full story, click here
Read the full article: "Harmony Gold Surprised With Dividend"
Wednesday, August 19, 2009
Glass Earth Gold Limited declared that it has entered into an option agreement to acquire a 50% equity interest in Exploration Permit 40 427 known as the Ophir prospect in Otago, New Zealand, with Ophir Gold Ltd, a private company. For full story, click here
Read the full article: "Glass Earth Gold Signed Deal to Allow Hard..."
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Tuesday, August 25, 2009