April 8, 2011 Gold May Fall on ECB Rate Rise, But Rising Interest Rates Likely to Lead to Higher Prices Gold’s two consecutive days of nominal record highs have seen some profit taking as oil is flat, the dollar is marginally higher and the euro has fallen. The ECB’s 0.25…
April 8, 2011 Gunmen kill 2 at Freeport’s giant Grasberg copper-gold mine in Indonesia Gunmen killed two workers on Thursday at Freeport-McMoran Copper & Gold Inc's giant gold mine in Indonesia's Papua, a province with a simmering separatist movement. A Freeport company spokesman said…
April 8, 2011 Ivernia shares tumble 23% on mine shut down Ivernia Inc said it expects to place its flagship lead mine in western Australia under full care and maintenance for an indefinite period and lay off about 83 percent of…
April 7, 2011 If interest rates rise, will gold go down and the dollar rise? So frequently today we rely on economically established perceptions that fail time and again, simply because the conditions in which they were established have changed. One of the economic clichés…
April 7, 2011 Goldcorp’s Acquisitions Start to Pay Off Contrary to firms like Minmetals Resources and Equinox Minerals (EQMIF.PK), which are bidding for takeovers in 2011, Goldcorp (GG) was a player in the mergers and acquisitions game last year.…
April 7, 2011 How to Profit From the Chinese Gold Rush The Chinese are buying gold in a hurry. I will start with some numbers and facts synthesized from recent media articles including this Bloomberg report and this China Daily article.China…
April 7, 2011 Premier Gold Mines triples gold resource at Hardrock Project Toronto-listed Premier Gold Mines has nearly tripled gold resources at its 70%-owned Hardrock Project in northwestern Ontario, Canada. An updated NI 43-101 report by Micon International Limited shows a 269%…
April 7, 2011 Northern Star transforms one of Australia’s gold mining ugly ducklings The mid-tier gold miner Northern Star Resources (ASX: NST) confirmed today that it had achieved A$11 million (US$11.53 million) in revenue in March from the Paulsens gold mine in the…
April 7, 2011 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…
April 7, 2011 Oyu Tolgoi to begin production in August 2012 Mongolia's massive Oyu Tolgoi copper-gold project is expected to begin production in August 2012, sooner than forecast, said Temuulen Ganzorig, Deputy Director of Erdenes MGL which partners with Ivanhoe Mines…
Hedge funds cut bullish gold wagers to lowest in 15 weeks Hedge funds and other large speculators reduced net-long positions by 23%. February 06, 2026 | 03:33 pm