GOLD NEWS

Gold gives up early gains

Monday , 06 Sep 2010
Volatile stock markets could encourage some investors to shift to bullion.

Andean shares jump 10% on bid attempts

Monday , 06 Sep 2010
Talks of bigger gold resources at the Argentina-focused miner raised hopes of a further bid by Eldorado Gold, whose initial bid was trumped by one from Goldcorp, or others.

Bidding war prospects push Andean shares up 12%

Monday , 06 Sep 2010
Shares in the gold explorer jumped on Monday after Goldcorp launched a C$3.6bn bid for the company, trumping a bid by Eldorado Gold

Do the Chinese really believe the U.S. is selling down its gold reserves?

Saturday , 04 Sep 2010
A Chinese news report has suggested that Central Banks - including the U.S. Fed - may be selling gold. Data do not seem to bear this out, but....

Middle Island Resources to list with Newmont as cornerstone investor

Friday , 03 Sep 2010
Rick Yeates formerly Coffey Mining's GM for strategy has plans to list Middle Island Resources, a junior gold miner, on the ASX

Weekend Top Story: Eldorado fumbles Andean Resources play as Goldcorp snatches the prize

Friday , 03 Sep 2010
Eldorado Gold was prepping for a conference call today to explain its "friendly" $3.2 billion bid for junior Andean Resources when Goldcorp intercepted the pass and apparently scored its goal.

South African gold production still falling - down 7% yoy at end of H1

Friday , 03 Sep 2010
At the current rate of production, South African gold output will slip below 200 tonnes this year dropping it to fourth place among producing nations

Gold steady as investors eye US jobs data

Thursday , 02 Sep 2010
Investors waiting for further clues on health of the economy.

Gryphon's Parsons reckons gold bull market has only just begun

Thursday , 02 Sep 2010
Gryphon Minerals looking to West Africa as its MD reckons gold is set to continue its upwards path.

Chalice Gold looking for 2-year payback on Eritrean gold mine

Thursday , 02 Sep 2010
The Western Australian explorer is upbeat about the potential of its Koka gold project in Eritrea, citing a target cash cost of US$338 per ounce.

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

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