Polyus Gold No Longer Pursuing London Move
Reuters reported that Polyus Gold (LSE:POLG) has decided not to move the company to London.
Articles Tagged "gold sector"
Higher Prices Help Double Eldorado Profits
Globe and Mail reported that profits for Eldorado Gold Corp. (TSX:ELD) were almost twice as high in Q4 over last year.
Molycor Completes Option Agreement on Griffon Gold Property
Molycor Gold Corp. (TSXV:MOR,OTC Pink:MLYFF,FWB:M1V) announced it has optioned its Nevada-based Griffon Gold property to Pilot Gold (TSX:PLG).
Medusa Mining Discusses Financial Results
Mining Weekly reported that Medusa Mining's (ASX:MML) half-year revenue fell, but the company is targeting 75,000 ounces gold production by the end of its full year.
Harmony Gold Doubles Q2 Profit
Bloomberg reported that Harmony Gold (NYSE:HMY) doubled its second quarter profit, beating analyst estimates.
Cluff Buys Sega Project from Orezone Gold
Orezone Gold Corporation (TSX:ORE) announced it has sold its Sega project to Cluff Gold (TSX:CFG) for US$29.6 million.
Yamana To Increase GEO Production by 13%
Mineweb reported that Yamana Gold (NYSE:AUY) is increasing its gold production guidance for 2012.
Afghanistan Issues Tender for Gold Exploration
Bloomberg reported that Afghanistan is inviting bids to explore several mineral properties in the company.
Can Gold Help to Resolve the Eurozone Debt Crisis?
Debate over the potential of extensive gold reserves held by central banks to resolve the euro zone's economic problems have been pervasive in recent months just as fear of exposure to the sovereign debt crisis has grown. In fact, reports of the German central bank liquidating some of its gold reserves for the first time in almost a year have surfaced, selling 150,000 troy ounces in October.
Gold Fields Q3 Earnings Up Sharply but Shy of Consensus
Reuters reported that third quarter profits for Gold Fields (JSE:GFI) were up significantly but did not meet analysts' expectations.
