Despite only being responsible for total production of 2.1 percent of global mining of the yellow metal in 2009, the measured and indicated gold reserves in Brazil may offer investors an attractive value proposition with the USGS estimating 2,000 tonnes, or approximately 4.3 percent of the world’s reserve.
As an asset class, gold outperformed compared with the broader commodity complex and international equities on a risk-adjusted basis, also demonstrating limited volatility relative to other commodities, with annualized average volatility falling to 17.6 percent from 20 percent in the previous quarter.
By Kishori Krishnan Exclusive To Gold Investing News The figures speak for themselves. Gold is looking hesitant as it continues to correct its recent run to the upside. Gold price suffered its worst day of 2010 as the price plunged $23.99 to $1,127.72 per ounce on January 12, on news of China’s central bank moving [...]
By Kishori Krishnan – Exclusive to Gold Investing News The results are daunting. Barack Obama’s victory in the U.S. presidential election and Democrat gains in Congress did not do much for the yellow metal. Gold declined in Asia on speculation that the move would speed the dollar’s recovery against the euro. The currency climbed against [...]
AP reports RBC Capital Markets has a positive outlook on Yamana Gold Inc. for gold and its growth plans. Yamana shares closed Tuesday at $10.41. They’ve traded in a 52-week range of $9.26 to $19.93. RBC analyst, Michael Curran writes: “Whether or not last Friday’s intraday low of $772/oz proves to be the summer 2008 low for gold, we [...]
Yamana Gold reports its second quarter financial results, a conference call and audio webcast scheduled on August 7, 2008. The conference call replay will be available from 1:00 p.m. EST on August 7, 2008 until 11:59 p.m. E.T. on August 21, 2008. For full details of this press release, click this link. Gold Investing News researchers discovered [...]
TORONTO, ONTARIO–(MARKET WIRE)– YAMANA GOLD INC. (Toronto:YRI.TO – News)(NYSE:AUY – News)(LSE:YAU.L – News) today announced an exploration update for Gualcamayo, El Penon, Pilar de Goias and Mercedes. Full News.
Monday, August 2, 2010