By Kishori Krishnan Exclusive To Gold Investing News Gold slid marginally. As speculators offloaded their holdings of the precious metal to lock in gains after it climbed to a two-month high on Thursday and commodity prices slipped, gold declined to $961.16 an ounce on Friday. Not to worry though, for bullion, which touched $971.68 an [...]
The Guinean Government has reached a deal with gold mining companies operating there, giving them a more stable operating environment and ending a spat over environmental standards. Guinea Minister of Mines Mahmood Thiam stated: We’ve reached an agreement that undue pressure wasn’t justified and it won’t happen again. For full story, click here
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 [...]
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 [...]
Hawthorne Gold Corp. declared that Wardrop Engineering Inc., a Tetra Tech Company, has completed an updated National Instrument 43-101 Technical Report and Mineral Resource Estimate on the Taurus gold deposit, which is located at the Cassiar Gold Camp in northern British Columbia, Canada. For full story, click here
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 [...]
Small scale oil producers in Magwe Division are turning their hands to gold mines in Kachin State and Mandalay Division near the new capital of Nay Pyi Taw on account of declining oil prices and surge in gold prices. U Zaw Min, an oil digger in Yin Mar township, said: The current per barrel price [...]
With gold prices touching record highs this week and mining costs in decline, gold producers talked up expansion possibilities and tried to sell potential investors on new projects. For more information, click here
Most Canadian miners and explorers, it has become a matter of shuttering up the windows and waiting for sunnier days. For full story, click here
Gold-miners are finding themselves sitting quite comfortably, as investors seeking safe havens keep bullion prices buoyant. For full story, click here
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