By Kishori Krishnan Exclusive To Gold Investing News The writing is clear on the wall, according to some experts. Author of Gloom, Boom & Doom report Marc Faber has said the rally in the US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by the [...]
Mining costs, which constituted the industry’s biggest headache up until a year ago, are now a bright spot for a sector more concerned with volatile demand and tight financing markets. The shift in costs follows several years of rampant inflation in the mining sector, which had kept gold miners from realizing the benefits of soaring [...]
By Kishori Krishnan Exclusive To Gold Investing News After hitting $1,000 an ounce last month, the gold price has since settled back to the $920 range, which still represents a more than 28 per cent increase from October, when it hit its most recent bottom near $700. The current price of gold, which was selling [...]
By Kishori Krishnan Exclusive To Gold Investing News The spot price of physical gold held steady in Asia and London on Thursday morning, moving in a tight $2 range either side of $912 per ounce, as traders waited for key interest-rate decisions from the Bank of England and the European Central Bank. The Euro slipped [...]
By Kishori Krishnan Exclusive To Gold Investing News Gold for April delivery, the most actively trading contract, ended at $942.50 on the Comex division of the New York Mercantile Exchange on Friday. The metal surpassed $1,000 an ounce the previous Friday, but last it has lost $60. The contract rose 7.4 per cent this month. [...]
The Financial Post reports a list of gold companies that Genuity Capital says could be takeover targets with the rising price of gold and the disconnect between the valuation of junior and senior gold companies. Included in the list are Allied Nevada Gold Corp. (AMEX:ANV), Mineral Deposits Ltd. (ASX:MDL), Kirkland Lake Gold Inc. (TSE:KGI), Andean [...]
By Kishori Krishnan Exclusive To Gold Investing News Investors are a worried lot these days. Given that inflation is expected to rise due to the large amounts of money being pumped into the global economy by central banks and governments to boost growth and confidence, the worry lines have just got deeper. The U.S. has [...]
By Kishori Krishnan Exclusive To Gold Investing News The number one issue among gold advocates and proponents today is trying to ascertain the future for gold in 2009 and indeed into 2010. The price of the yellow metal has been on the upswing. After breaking the $940 mark, gold is expected to rise to as [...]
Freeport-McMoRan Copper and Gold Inc said it would reduce mining and crushed leach rates by 50 percent at its Morenci copper mine, compared with a 25 percent curtailment announced in December, along with a series of other operating reductions and deferred start-ups. For full story, click here
Latin American silver and gold producer Hochschild Mining Plc said it is considering closing its small Selene silver mine. For full story, click here
Get our independent commentary on gold trends and companies delivered to your inbox.
