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Friday, 18 May 2012
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MARKET NEWS
Gold defies stronger dollar; rises with euro
Friday , 18 May 2012
Prices rose to $1,587.46 an ounce on Friday, building on the previous session's hefty gains, as a recovery in the Euro against the U.S. dollar prompted some physical buying.
Gold defies stronger dollar; rises with euro
London copper inches above 4-month lows
Gold likely to consolidate around current levels in New York trade
Gold rises from 2012 lows on increased physical buying
TOP STORIES
Silvercorp posts record net income in year end
Friday , 18 May 2012
Silvercorp reports strong financials Friday, despite a drop in net income during the last quarter of its fiscal 2012.
Is this the start of the turnaround juniors have been waiting for?
Inmet closes 1.5bn debt offer for Cobre Panama project
Nord Gold Q1 net income down 30% on declining output
VTB Capital buys minority stake in Siberian gold miner
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FAST NEWS
Inmet closes 1.5bn debt offer for Cobre Panama project
Nord Gold Q1 net income down 30% on declining output
VTB Capital buys minority stake in Siberian gold miner
No production at RUSAL's Guinea alumina plant since Apr 3
LME CEO may pocket millions in sale deal