Gold Surges on Safe Haven Demand, Physical Buying
Gold came roaring back this week, retracing about half of the losses it sustained on April 15.
Articles Tagged "ASX:NCM"
Newcrest to Boost Gold Production by 1 Million Ounces
Reuters reported that Newcrest Mining Ltd. (ASX:NCM) plans to spend AU$5 billion in order to increase gold production by 1 million ounces in the next five years. Other major mining companies, such as Barrick Gold Corp. (TSX:ABX), are aiming for similar production increases.
Newcrest Plans to Triple Gold Production at Bonikro
Bloomberg reported that Newcrest Mining (ASX:NCM) said it will triple gold output from the Ivory Coast-based Bonikro project over five years.
Newcrest Increases Gold Output
Mining Weekly reported that Newcrest (ASX:NCM) increased its gold production by about 3%.
Lower Gold Grades Cause Drop in Newcrest Shares
Sydney Morning Herald reported that Newcrest Mining's (ASX:NCM) shares fell after news its gold grades were diminishing.
Newcrest Reduces 2011 Gold Production Guidance
IBTimes reported that Newcrest Mining (ASX:NCM) slashed its 2011 gold output forecast, citing lower production.
Newcrest Quarterly Gold Output Falls 13% on Heavy Rain
Bloomberg reported that heavy rain and temporary shutdowns caused Newcrest Mining's (ASX:NCM) gold output to decline 13%.
Newcrest Seeks to Expand Output From West African Gold Mine
Bloomberg reported that Newcrest Mining (ASX:NCM) said it needs to increase production at its West African Bonikro mine.
BlackRock World Gold Fund
Recognizing the high quality of international gold knowledge and global investing pedigree that is available, this week’s profile has turned its focus to the British based BlackRock World Gold Fund (MUTF:BWGAX). Since its inception date of December of 1994, the fund has achieved numerous awards globally for its performance.
Newcrest Cuts Gold Production Forecast After Quarterly Drop
Bloomberg reported that forced mine shutdowns due to weather conditions have forced Newcrest (ASX:NCM) to cut its production forecast.
