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 [...]
Continue reading "Bernanke Stalls Gold Bulls"
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
Continue reading "Eurogold Banks $6mln profit from Mining Investments"
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 [...]
Continue reading "Gold Sector Punches Higher"
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
Continue reading "Pamodzi received $150 mln offer"
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 [...]
Continue reading "Canada’s Centerra Gold Spark"
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 [...]
Continue reading "Gold Price Soars, Then Slides"
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 [...]
Continue reading "Gold Price Under Pressure To Perform"
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 [...]
Continue reading "Gold Price Swings After G20 Meet"
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 [...]
Continue reading "Increase Risk Appetite For Gold"
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 [...]
Continue reading "Pamodzi Gold to bring out progress report on Best Rock loan"
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Thursday, July 23, 2009