Entries Tagged ‘Mineweb – Daily news headlines’

Gold Anomaly sees growing gold system in PNG Highlands

The Papua New Guinea and Brazilian gold explorer said Friday it has potential for “multiple major mineralisation events” at its Crater Mountain prospect Originally from Mineweb – Daily news headlines

Should you sell gold now or will it outperform again in 2012?

Downside risks do not warrant exiting from gold and silver as upside potential is still remarkable. Julian Phillips discusses the factors behind the recent gold price fall and what lies ahead. Originally from Mineweb – Daily news headlines

Unrestrainedly bullish on gold – even more so on silver: James West

James West of the Midas letter warns against gold and silver price volatility influencing investment decisions in what he sees as a strongly bullish investment sector. Gold Report interview. Originally from Mineweb – Daily news headlines

Indian jewellers reduce gold content to lift sales

With surging gold prices keep buyers away from stores, retailers in India are reducing the content of gold in jewellery items and adding precious stones to make up for the loss. Originally from Mineweb – Daily news headlines

Long liquidation, Eurozone jitters push gold down

The price of gold slipped in London on Thursday fixing at its lowest point since July 8th on the back of continued concerns about the Eurozone crisis and long liquidation Originally from Mineweb – Daily news headlines

Supplies of gold and silver American Eagles adequate as demand drops – U.S. Mint

The U.S. Mint, which has had problems in meeting demand for its gold and silver American Eagle coins in the past says supplies are adequate to meet current demand at a lower level. Originally from Mineweb – Daily news headlines

Indian jewellers reduce gold content to lift sales

With surging gold prices keep buyers away from stores, retailers in India are reducing the content of gold in jewellery items and adding precious stones to make up for the loss. Originally from Mineweb – Daily news headlines

London gold and silver markets lower after Christmas shutdown

London gold and silver catch up with Indian jewelry slump and China gold exchange ban and fall to 2-week low in thin trade. Originally from Mineweb – Daily news headlines

New Guinea gold mine halted as protestors occupy site

New Guinea Gold has temporariily halted operations at its Mt Sinivit gold project in PNG in dispute with local landowners Originally from Mineweb – Daily news headlines

Supplies of gold and silver Amercan Eagles adequate as demand drops – U.S. Mint

The U.S. Mint, which has had problems in meeting demand for its gold and silver American Eagle coins in the past says supplies are adequate to meet current demand at a lower level. Originally from Mineweb – Daily news headlines

China reserve currency plan advances – gold to reclaim role

The latest moves towards trade in Chinese yuan sounds the early death knell of the dollar as the world’s global reserve currency with gold likely to return to the monetary system as a result. Originally from Mineweb – Daily news headlines

Grasberg copper-gold mine contractor under pressure to end strike

Indonesian contractor KPI under pressure to settle with Unions to bring the strike at the massive Grasberg copper-gold mine to an end. Originally from Mineweb – Daily news headlines