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"
Friday, March 13, 2009
Gold prices showed signs of volatility after its peak of $ 1,000 per ounce level but the gold related stocks on BSE and NSE seems to have benefited on the confidence of investors in the commodity than the stocks. For full story, click here
Continue reading "Gold company stocks gained on investor trust"
Thursday, March 12, 2009
By Kishori Krishnan Exclusive To Gold Investing News The dollar rose as did gold. Gold rose in Europe on Thursday as the world’s largest gold-backed exchange-traded fund’s holdings set a record and Wednesday’s equity rally fizzled out, boosting the appeal of gold as a safe investment. Spot gold rose to $913.15/$914.15 an ounce from $906.65 [...]
Continue reading "Gold Price Rebounds"
Tuesday, March 10, 2009
Colossus Minerals Inc. announced today the closing of its bought deal offering saying that a total of $24.7 million has been raised including 1.5 units of the over-allotment. The deal brought in money at $2.15 per unit, a significant premium over yesterday’s closing price of $1.77. Proceeds of the financing will mainly be used to [...]
Continue reading "Colossus Closes $24.7 Million Financing"
Tuesday, March 10, 2009
Augen Gold Corp. announced that the proposed conversion price of $0.125 per common share of Augen Gold for the conversion of advances made by company’s largest shareholder is inadequate. For full story, click here
Continue reading "Augen reported its proposed debt conversion price as inadequate"
Thursday, March 5, 2009
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 [...]
Continue reading "Current Gold Price Still A Good Buy"
Monday, March 2, 2009
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. [...]
Continue reading "Gold Price Undergoing a Pullback"
Monday, March 2, 2009
While gold tends to fluctuate in reverse correlation to the dollar, the longtime safe haven has been given an extra support from the vulnerability of foreign currencies. For full story, click here
Continue reading "Price correction in gold Will Not Last"
Wednesday, February 25, 2009
By Kishori Krishnan Exclusive to Gold Investing News A slight drop in prices is a good time to shore up. Last Friday, gold futures surged above $1,000, the highest level since last March. This week though, gold slipped back. But worries about long-term inflation caused by the massive U.S. stimulus package may push it up [...]
Continue reading "Time For Good Gold Pickings"
The Gold Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
GoldInvestingNews.com maintains a focus on Gold exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.
Get our exclusive independent commentary on gold trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »
Simply fill in your name and email to make better investment decisions.
Friday, March 13, 2009