Gold prices have risen sharply but gold miners' shares haven't kept pace. Some argue the gap is set to close.
Articles Tagged "newmont"
Mineweb reported that Pilot Gold (TSX:PLG) is drawing comparisons between its Kinsley project and Newmont's (NYSE:NEM) large Long Canyon deposit.
Reuters reported that the CEO of Newmont (NYSE:NEM) sees gold prices to trade between $1350 and $1500 per ounce in 2011.
Increased mergers and acquisitions (M&A) activity is expected to be a big driver of gains in junior gold mining shares.
US-based gold mining giant Newmont Mining Corporation has produced first gold and copper concentrate at its new $A3.42 billion Boddington mine in Western Australia. For full story, click here
Newmont Mining Corp. commenced up its Boddington gold mine in Western Australia with a slight delay due to wet weather and slipping workers’ productivity, the world’s second largest gold miner said in its second quarter results Friday. For full story, click here
Newmont Mining Corp. declared that it has finished the acquisition of the remaining 33.33% interest in the Boddington project from AngloGold Ashanti Australia Ltd. a wholly-owned subsidiary of AngloGold Ashanti Ltd. For full story, click here
By Kishori Krishnan Exclusive To Gold Investing News Gold prices inched up on Monday in Tokyo, as the dollar weakened, prompting investors to buy back gold after it lost 2 per cent late last week, when optimism about the economy reduced bullion’s safe-haven appeal. Gold stocks have had their heads lopped off, many with 70 [...]
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 [...]
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 [...]