Funding in Process for First Commercial Gold Mine in Liberia
Mining Weekly reported that Liberia's first commercial gold mine is being financed by South African banks.
Articles Tagged "gold investing"
Great Basin Gold to Raise $50 Million
Mining Weekly reported that Great Basin Gold (AMEX:GBG) announced a sweeter deal to raise funds for working capital.
Gold Prices Lower on United States’ Economic Optimism
Strengthening investor optimism regarding the US economy and a sharp rise in treasury yields have caused a decline in gold prices and greater demand for US dollar-denominated assets.
New Gold Achieves Record Financial Performance
Mineweb reported that New Gold (TSX:NGD) increased its year over year net earnings by 212%.
Buffett Says Gold Not a Good Investment
MarketWatch reported that in a letter to shareholders, Warren Buffett said gold doesn't belong in one's investment portfolio, despite the market seemingly thinking otherwise.
Report Says Return to Gold Standard Would Be Poor Decision
Reuters reported that a Chatham House report said a return to a gold standard would not be a good financial anchor.
Gold Prices Steady After Losses Prompt Buying
Reuters reported that gold prices were stable after a price drop brought buyers back to the market.
Hope Bay Writedown Means Quarterly Loss for Newmont
Bloomberg reported that Newmont Mining (NYSE:NEM) reported a quarterly loss, citing the writedown of its Hope Bay gold project.
Gold Prices Rising on Inflationary Risk
Gold prices have surged with the aid of inflationary risks on price of crude oil trading above $120 per barrel and the strengthening euro.
Gold Imports To India Expected to Decline 20%
Reuters reported that India's gold imports may drop 20% in 2012 as traders seek other investments.
