Copper Fox Metals Inc (TSX-V: CUU) intends to privately raise C$2,000,000 in funds in a bid to to complete the feasibility study of the Schaft Creek deposit. The Offering is expected to consist of 23,188,406 units at a purchase price of $0.08625 per unit, for aggregate gross proceeds of $2,000,000. Each unit consists of one [...]
Continue reading "Copper Fox Metal to raise C$20 million"
Tuesday, June 9, 2009
To everyone’s surprise, about 74 per cent of investors in India, the world’s leading gold consumer, declared that they prefer purchasing gold and related products at current price levels. For full story, click here
Continue reading "About 74% investors have prefered purchasing gold at current price"
Tuesday, May 12, 2009
Overview Mindoro is a Tier 1 Issuer trading on the TSX Venture Exchange (MIO) and the Frankfurt Stock Exchange (WKN 906167). Mindoro is focused on gold, copper-gold and nickel exploration in the Philippines with a strategy of advancing early stage opportunities to production or joint venture. Mindoro has NI 43-101 resource estimates on its Agata [...]
Continue reading "Mindoro – At the Forefront in the Philippines"
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"
Sunday, April 26, 2009
Large scale hoarding of by China may have been partly accountable for the near tripling in prices of the yellow metal in the past six years. For full story, click here
Continue reading "China is world’s 5th largest gold holder"
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"
Friday, March 20, 2009
By Kishori Krishnan Exclusive To Gold Investing News With friends like these, who needs enemies? Silver and gold have a new best friend amongst their midst – Ben Bernanke. His pronouncement has engineered one of the last decade’s most dramatic turnarounds, with gold price leaping nearly 60 bucks and silver joining in the melee with a [...]
Continue reading "Gold Price Spurts After Policy Easing Measures"
Tuesday, March 17, 2009
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 [...]
Continue reading "Gold the only credible currency"
Friday, March 13, 2009
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 [...]
Continue reading "Mining costs see a bright future"
Friday, March 13, 2009
Global economic crisis is making hard on gold sales and bullion markets in the United Arab Emirates and Saudi Arabia. Rising unemployment, crash in realty prices and plunging stock markets have taken the sheen out of the gold market in all the major cities across UAE and the Saudi Kingdom. For full story, click here
Continue reading "Gold sales drop in UAE, Saudi Arabia"
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Monday, September 28, 2009