Canada Stocks Fall as Barrick Drops on U.S. Dollar
Bloomberg reports that Canadian stocks fell for a second day, led by mining companies, as precious metal prices declined.
Articles Tagged "producers"
Romarco Minerals gets more land
Romarco Minerals Inc. has reported that it has acquired more land near to the Halle Gold Mine in South Carolina. The Ridgeway Mine, Haile Gold Mine, Brewer Mine (former producing gold mines) and Buzzard are situated along a SW-NE gold trend known as the Slate Belt of the Carolinas. Diane Garrett, President and CEO commented: [...]
Acquisitions Rife In Gold Sector
By Kishori Krishnan Exclusive To Gold Investing News Money flows are being watched. Gold hit $955 an ounce on Tuesday in Tokyo, as Chinese stock markets showed signs of stability and oil prices gained ground. The precious metal dropped 0.5 per cent the previous day on selling by short-term investors due to caution in the [...]
Canada’s Centerra Gold Spark
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 [...]
Propitious Conditions For Gold
By Kishori Krishnan Exclusive To Gold Investing News U.S gold futures slipped early Thursday as some investors unwound their safe-haven play when the dollar strengthened and equity markets firmed, following positive earnings news and improved economic prospects. Gold for June delivery GCM9 lost $6.50 to $879.40 an ounce on the COMEX division of the New [...]
Muscular Greenback Edges Out Gold
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 [...]
Allied Neveda Gold to commence mining operations this year
Allied Nevada Gold declared that it is planning to commission its mining and processing operations by mid- 2009, having produced its first gold at the Hycroft mine in 2008. For full story, click here
Zijin Mining climbed 9.97 percent
China’s largest gold producer, Zijin Mining Group Co, surged 9.97 percent to 10.92 yuan after profit rose 20 percent. For full story, click here
Gold the only credible currency
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 [...]
Worried Investors Hoard Gold
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 [...]
