GOLD NEWS

Gold, silver and gold miners ETFs could be on verge of upwards breakout

Thursday , 02 Sep 2010
With gold, silver and gold miner ETFs all close to all time highs, are they poised to move higher still?

Gold One now cashflow positive as gold production ramps up

Wednesday , 01 Sep 2010
JSE and ASX listed Gold One reported good progress at its Modder East gold mine near Johannesburg and potential of its exploration properties.

Gold eases from 2-month peak

Tuesday , 31 Aug 2010
Doubt on economic recovery remains; ETF holdings up.

Investors going long on gold, exiting copper

Tuesday , 31 Aug 2010
Jitters about the health of the global economy has been causing investors to exit long positions in copper and move into gold futures.

Newcrest says Lihir deal to result in huge capital savings

Monday , 30 Aug 2010
The official takeover of big Papua New Guinea gold miner Lihir Gold by Australia's only world ranked, domestically-owned gold miner, will see it move into clear fourth place.

Newcrest willing to pursue further acquisitions

Monday , 30 Aug 2010
The Australian miner said it is comfortable with a gearing level of between 15 and 25% but, would be willing to step that up if an opportunity presented itself

Gold steadies as mixed US data looms

Sunday , 29 Aug 2010
Jobs indicators will hold sway over price direction.

Gold output rising at World's No.2 producer

Sunday , 29 Aug 2010
Higher gold prices are certainly having a positive effect on Australian gold production which has risen 11% in the past year

Bernanke speech does not change positive views on gold

Saturday , 28 Aug 2010
The Jackson Hole speech by Fed chairman, Ben Bernanke, did little to calm fears about the state of the U.S. economy leaving the gold price hardly changed

WGC sees gold jewelry demand pick-up in the East

Friday , 27 Aug 2010
As buyers realise higher gold price levels are here to stay we will likely see a return to the high gold jewelry demand in India and other major gold jewelry markets.

Soccer videos to boost trapped miners spirits

Friday , 27 Aug 2010
After surviving for two weeks on mouthfuls of tuna and cookies, 33 trapped miners are not only getting better food but, also, some entertainment

Newmont blasts Pukuafu Indah Batu Hijau mine litigation and claims

Friday , 27 Aug 2010
The long legal and media fight over the divestiture of shares of the parent company of the Batu Hijau gold mine in Indonesia continues to frustrate Newmont Mining.

Gold steady as investors eye Bernanke speech

Thursday , 26 Aug 2010
Markets expect the US to revise downward its second-quarter economic growth figure.

Cluff's 2.45Moz Baomahun gold project moving towards mid-2011 BFS

Thursday , 26 Aug 2010
The Baomahun gold project in Sierra Leone is making great progress towards a 2011 bankable feasibility study (BFS).

Petropavlovsk announces worse-than-expected results

Thursday , 26 Aug 2010
But, the Russian miner said it had cut its gold production target for the year by less than analysts were expecting

Gold steady near 8-week high on growth worry

Wednesday , 25 Aug 2010
Gold struck a lifetime high around $1,264 in June.

Harmony Gold to delay $815.8m Evander shaft

Wednesday , 25 Aug 2010
Group CEO, Graham Briggs, said today the gold miner would delay the project as a result of cash constraints

Gold gains as economy worries persist

Tuesday , 24 Aug 2010
More poor data from the US likely to spur buying by investors worried about the health of the global economy.

India's love affair with faux gold

Tuesday , 24 Aug 2010
It was hoped a slew of festivals at the end of August would revive gold buying in India, but the high price appears to have trimmed volumes. Consumers are opting for cheaper, imitation gold.

New Yukon gold rush as prospector may have found Klondike mother lode

Monday , 23 Aug 2010
Gold prosdpector Shawn Ryan was sure he could find the source of the Klondike gold rush. After many years of digging, he now may have done just that.

Batu Hijau ownership battle heats up as Pukuafu seeks to block IPO, project financing

Monday , 23 Aug 2010
Newmont Nusa Tenggara shareholder Pukuafu Indah says it will file criminal charges and seek civil remedies to overturn the results of a special shareholders' meeting last week.

Integra encouraged by new high grade gold results at Majestic

Friday , 20 Aug 2010
Integra's Majestic discovery is shaping up nicely as a provider of feed ore to the Randalls mill.

Florida treasure museum gold stolen

Friday , 20 Aug 2010
A $550,000 gold bar, recovered from the wreck of a Spanish galleon, was stolen after going on display at a Florida treasure museum

Eldorado Gold surpasses Fortune 500 stalwarts as fastest growing company

Friday , 20 Aug 2010
Even if the price of gold were to nearly bottom out, Fortune Magazine says Eldorado Gold would still be profitable.

Gold gains as ETF ticks up

Wednesday , 18 Aug 2010
Holding near 1-1/2-mth high.

Mineweb Holdings Limited, 1997 - 2010. Affiliates: Moneyweb | Infomine
About Mineweb  |  Contact  |  Advertise  |  Terms and Conditions of use  |  Site map