Gold Investing News

Zimbabwe's 2012 Gold Output Slower than Expected

Reuters reported that Zimbabwe gold production has started slow this year, missing output targets. As quoted in the market news: Gold production reached 8 tonnes in 2011, up from a low of just over 3 tonnes.

Record China gold imports has traders bullish

Bloomberg reported that gold traders are turning bullish on the fast pace of gold buying by China and the US.

Marathon Gold finds high-grade ore in Newfoundland

Reuters reported that Marathon Gold?s (TSX:MOZ) shares rose following the announcement of a gold discovery in Newfoundland. As quoted in the market news: Shares of the Toronto-based company were trading up 24 cents at C$1.34 on the Toronto Stock Exchange.