Tag Archive | "investments"

Bernanke Stalls Gold Bulls

Thursday, July 23, 2009

By Kishori Krishnan Exclusive To Gold Investing News Its a clear sign. Money is coming back into the resource sector as investors around the world are beginning to recognise the exceptional values in the context of a longer term outlook. And companies that are generating shareholder value by advancing their projects will continue to be [...]

Eurogold Banks $6mln profit from Mining Investments

Thursday, June 11, 2009

Despite not proceeding with acquisitions in the gold mining sector, Eurogold has been able to realise a $6.4 million profit on investments held in resource based companies. For full story, click here

Gold Sector Punches Higher

Friday, May 29, 2009

By Kishori Krishnan Exclusive To Gold Investing News TSX, the main Canadian stock index closed at its highest level in seven months on Thursday, with energy and mining stocks all moving higher in a TSX trifecta that followed encouraging economic reports from the United States. The S&P/TSX financial group rose 2.6 per cent, the energy [...]

Pamodzi received $150 mln offer

Tuesday, May 5, 2009

A consortium including Sekunjalo Investments and high net-worth Middle Eastern families decalared that it has offered to acquire Pamodzi Gold, the troubled gold mining firm, for $150 million. For full story, click here

Canada’s Centerra Gold Spark

Thursday, April 30, 2009

By Kishori Krishnan Exclusive To Gold Investing News A deal was approved on Thursday by Kyrgyzstan’s lawmakers to double the government’s stake in a gold mine that is one of the impoverished Central Asian country’s biggest sources of revenue. The settlement will raise the state’s share in Canada-based Centerra Gold Inc. (CG.TO), which owns the [...]

Gold Price Soars, Then Slides

Monday, April 27, 2009

By Kishori Krishnan Exclusive to Gold Investing News Gold jumped to its highest in Asia in almost four weeks on Monday as fears of a global flu pandemic prompted investors to seek safer assets. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April [...]

Gold Price Under Pressure To Perform

Friday, April 17, 2009

By Kishori Krishnan Exclusive To Gold Investing News The recent rally in American and Canadian equity markets is soon to give way to a gut-wrenching collapse that will push equities to shocking new lows, with gold prices reacting by rallying to new highs.  After having correctly anticipated the timing and extent of the March 9th [...]

Gold Price Swings After G20 Meet

Monday, April 6, 2009

By Kishori Krishnan Exclusive To Gold Investing News Gold which lost nearly 4 per cent in last two trading sessions, seems to be moving towards a key support level of $875 an ounce which is the 100 DMA (Day Moving Average). Gold price closed at $893 on Friday, losing nearly $35 since Wednesday after the [...]

Increase Risk Appetite For Gold

Wednesday, March 25, 2009

By Kishori Krishnan Exclusive to Gold Investing News Feeling risky? Buy gold. It’s all about the risk factor these days, as investors square their positions following a massive rally on the stock market. Ever since stocks soared on Monday, driving the Dow Jones industrials up nearly 500 points, after the government announced details of a [...]

Pamodzi Gold to bring out progress report on Best Rock loan

Friday, March 6, 2009

Pamodzi Gold Ltd., which has about 3,500 South African mineworkers striking over unpaid salaries, stated that  it will announce its progress report by the end of today clarifying the time when it will receive a 200 million-rand ($19 million) loan from Best Rock Investments LLC. Pamodzi Chief Executive Officer Peter Steenkamp, said: They just gave [...]

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