Teryl Resources Corp. is one of the main holders of gold mining properties in Alaska's Fairbanks Mining Division with significant land holdings around and adjacent to Kinross' Fort Knox Mine, the largest producing gold mine in Alaska.
For years while the equities market was hot, many investors stayed away from gold, thinking it a poor investment. However, given recent events, including a weakening dollar and the potential for stimulus/bailout induced inflation, many of those investors are now looking to gold as a long term safe haven. In response, for 2009 The MoneyShow [...]
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
By Kishori Krishnan Exclusive To Gold Investing News The United States is firing up the printing presses. This desperate move means the value of the dollar is destined to disintegrate. What this also means is that gold will decline on a muscular US dollar, profit-taking, technical selling and potentially deflationary economic data. The yellow metal [...]
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 [...]
Allied Nevada Gold declared that it is planning to commission its mining and processing operations by mid- 2009, having produced its first gold at the Hycroft mine in 2008. For full story, click here
China’s largest gold producer, Zijin Mining Group Co, surged 9.97 percent to 10.92 yuan after profit rose 20 percent. For full story, click here
The Africa gold mining giants, AngloGold Ashanti, has been ordered by Guinea’s military junta chief, Captain Moussa Dadis Camara to shut down its operations in Guinea after the company’s director failed to attend the meeting of mine executives. For full story, click here
The New Zealand businessman behind a proposal to commence a gold mine in the Central Guadacanal Province of Solomon Islands has defended his project from union criticism. For full story, click here
Lake Victoria Mining and Kilimanjaro Mining have signed a non-bidding letter of intent in a bid to establish a new gold property in Tanzania. For full story, click here
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