Middle East
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Centamin expects FY gold production at lower end of guidance
Centamin Egypt (CEY.L) (CEE.TO) said it expects full-year production to come in at the lower end of its 250,000-290,000 ounce guidance after output in the first quarter was hit by supply problems.
It poured 45,204 ounces in the first quarter and said its Sukari operation remained largely unaffected by Egypt's political unrest.
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Dubai and Gujarat sign bilateral diamonds and textiles trade MOU
IDEX Online | April 25, 2012The Dubai Chamber of Commerce and Industry and the Southern Gujarat Chamber of Commerce and Industry recently consolidated their bilateral trade ties through an MoU signed during a recently concluded trip to Surat by the Dubai Chamber Trade Mission.
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Gold and jewelry demand dropped 28 percent in the Middle East to 38.5 tons
Vietnam Business News | November 20, 2011World Gold Council (WGC) said that during the third quarter, demand for gold and jewelry dropped 28 percent in the Middle East to 38.5 tons, reported Arab News. The WGC added that in the period, global gold jewelry market shrank by 10 percent at 465.6…
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Qatar Holdings Invests $1B in Greek Mining Company
International Business Times Australia | October 2, 2011In what seemed to be a major breakthrough for debt-ridden Greece, it had gained trust from a Qatar-based holdings firm to invest in one of its gold-mining projects. On Saturday, Qatar Holdings LLC signed a $1 billion investment into European Goldfields
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State-run Emirates Aluminium to spend $4.5 billion on expansion to nearly double output
Canadian Business Magazine | July 24, 2011A government-run aluminum smelter in the United Arab Emirates plans to spend $4.5 billion to nearly double its potential output of the widely used metal.
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The SPX dances between excitement & danger
J.W. Jones - www.optionstradingsignals.com | March 10, 2011Many readers might remember that exactly two years ago the S&P 500 tagged the infamous 666 price level before putting on a monster 2 year rally that saw it surge over 100% to the February 2011 highs.
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GOLD UP-DATE
David Levenstein | March 7, 2011With a falling US dollar, escalating tension in the Mideast, and higher crude oil prices, gold can only go one way.
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Unrest in Libya and aluminum prices
Michael Allan McCrae | March 3, 2011
MetalBulletin is tagging stories related to unrest in the Middle East and North Africa so readers can assess possible impacts on the mining sector.
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Gold and silver's daily review
Julian D.W. Philips - Gold Forecaster | March 3, 2011Asia found the closing New York prices a little rich for their blood and took gold down to $1,427 before London’s opening, but just before London opened the gold price moved back up to $1,430 ahead of the Fix.
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Gold and silver's daily review
Julian D.W. Philips - Gold Forecaster | March 1, 2011Asia kept gold and silver at their New York closing levels taking the prices to $1,414 with the Fix being set at $1,414.50.
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Centamin says still shipping gold despite 4-month export ban by Egypt
Mineweb | February 28, 2011
Gold production at Centamin's flagship Sukari gold project have continued and company says no restrictions imposed although Egypt on Sunday banned gold exports for next 4 months
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MENA unrest could see gold revisit 1980s and hit $2000
Mineweb | February 25, 2011
In the 1980s unrest in the Middle East and a surge in oil prices, were the triggers which drove gold to record highs. The current Middle East/North Africa (MENA) unrest could see history repeat itself. It is possible to draw parallels between today's
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Gold rises with Middle East tensions
David Levenstein | February 22, 2011With tensions rising in the Middle East individuals turn to gold as a safe haven asset.
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Bubble Butt
Warren Bevan - Precious Metal Stock Review | February 21, 2011In comparison to the events in the Middle East, talking about markets seems frivolous, but it is what we are here for ultimately.
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Gold and silver's daily review for 21st February 2011
Julian D.W. Philips - Gold Forecaster | February 21, 2011Gold and silver broke through resistance on Friday at $1,380 and just a business day later sits at $1,397.30 ahead of the London Fix. The dollar is slightly weaker only at $1,3697 leaving gold in the euro at €1,020.
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Gold Forecaster – Can the Middle East ‘Revolutions’ affect the gold price?
Julian D.W. Philips - Gold Forecaster | February 18, 2011The question hangs in the air, “Are these revolutions or just exuberant demonstrations?” Will they topple regimes and disrupt oil supplies. We will have to wait and see.
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ANNOUNCEMENT
Orezone Completes the Sale of Sega to Cluff Gold for $26.5M
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.
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