Even the most avid gold bugs, who’ve been stockpiling vast quantities of the barbaric metal for decades, and endured their fair share of panic shakeouts, were probably in a surreal state of “shock and awe,” while watching the price of the yellow metal soar to within 1% of the psychological $2,000 /oz level this week. [...]
SINGAPORE (Reuters) – European shares were set to follow Asian gains on Tuesday after a survey of Chinese factory output soothed fears of a hard landing for the world’s No.2 economy, but gold hit a record on persistent concerns about the health of the developed world. Originally from Reuters: Business News
Gold miner Newmont Mining Corp. (NYSE:NEM) announced its intention to sell its coal assets in Queensland, Australia. The company is in discussions with several potential buyers. None of the possible acquirers has been named, nor has a sales figure been disclosed. Newmont also stated that no deadline has been set for the sale. Recently, Newmont [...]
LONDON (MarketWatch) — Russian gold and silver mining company Polymetal (PMTL.RS) is preparing a listing on the London Stock Exchange with a valuation in the region of GBP5 billion, The Sunday Telegraph reported, without citing sources. Originally from MarketWatch
While it continues to advance its massive Snowfield project, Pretium Resources has outlined an underground mine at the adjacent Brucejack deposit in BC with some truly bonanza gold/silver intercepts. Originally from Mineweb – Daily news headlines
While it continues to advance its massive Snowfield project, Pretium Resources has outlined an underground mine at the adjacent Brucejack deposit in BC with some truly bonanza gold/silver intercepts. Originally from Mineweb – Daily news headlines
A new round of drilling results lends support to resource expansion at Torex’s Morelos project in Mexico where it hopes to define at least five million ounces gold. Originally from Mineweb – Daily news headlines
Batero Gold has lucked into a gold-copper deposit in Colombia that appears to have a substantial higher-grade component near to surface. Originally from Mineweb – Daily news headlines
La Mancha Resources has a new mine plan that would add nearly 100,000 ounces gold production at its Hassai gold operation in Sudan. Originally from Mineweb – Daily news headlines
La Mancha Resources has a new mine plan that would add nearly 100,000 ounces gold production at its Hassai gold operation in Sudan. Originally from Mineweb – Daily news headlines
Dino Titaro, Carpathian Gold president and CEO, is optimistic about resource expansion in Romania and near-term gold production in Brazil. Originally from Mineweb – Daily news headlines
NEW YORK (MarketWatch) — In a world of soaring oil and gold prices and a diminished outlook for nuclear power, Fred Sturm, a self-described “disciplined opportunist,” says there are bargains to be found in the resources sector. Originally from MarketWatch
© 2012 Gold Speaks
