Entries Tagged ‘New’

Gold, silver up as new year renews risk appetite

Gold and silver climbed early Tuesday as investors returned in the new year with a renewed appetite for riskier assets, although global economic worries still weighed on sentiment. 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

New partial roasting process to purify contaminated copper and gold concentrates

Outotec has come up with two new roasting processes for eliminating impurities from copper and gold concentrates. Originally from Mineweb – Daily news headlines

Commodities Corner: New year offers gold another shot at $2,000

Gold fell short in its run toward $2,000 an ounce this year, but one year’s failure may lead to next year’s success — or at least another good shot at it. Originally from MarketWatch

Meet the New Leader of Gold’s Midtier Pack

Eldorado Gold closes an active year of gold-industry consolidation with a bang. Originally from Fool.com Headlines

Eldorado Gold: mining a new seam

If shareholders in European Goldfields approve the Eldorado offer the expanded group would see its output grow from 650,000 ounces this year to 1.5m by 2015 Originally from Mining company and industry news from the Financial Times

CORRECTION: Major U.S. land sale offers a new approach for Nevada mining development

Mineweb reporter Dorothy Kosich corrects errors made in her prior story, concerning land ownership and mineral rights along former railroad checkerboard lands in the heart of northern Nevada’s gold country. Originally from Mineweb – Daily news headlines

CORRECTION: Major U.S. land sale offers a new approach for Nevada mining development

Mineweb reporter Dorothy Kosich corrects errors made in her prior story, concerning land ownership and mineral rights along former railroad checkerboard lands in the heart of northern Nevada’s gold country. Originally from Mineweb – Daily news headlines

Stocks down, dollar up; what’s new?

On Friday ETF provider Factor Advisors sent around this nugget: the correlation between large-cap U.S. stocks and the U.S. dollar, on a 90-day basis, has reached the most negative it has been in about a decade — a negative 0.85.The Japanese yen and Swiss franc have also been moving at “extreme” cross purposes with U.S. [...]

Gold Nears Weekend 2% Down as UK Quits New European “Fiscal Compact”

WHOLESALE MARKET gold prices fell back to this week’s low of $1705 per ounce Friday lunchtime in London, as Asian equities closed sharply lower but Eurozone and US equities rallied following news of the "fiscal discipline" being agreed by political leaders meeting in Brussels. All 17 heads of state in the currency union have agreed [...]

New report confirms gold as an excellent portfolio diversifier

New research confirms gold’s unique role as a diversifier and foundation asset in the portfolios of euro-based investors, especially at a time of heightened currency and investment risk. Originally from Mineweb – Daily news headlines

Stock Market New Uptrend Nearly Confirmed

Markets, worldwide, surged this week on new optimism to a resolution of the European sovereign debt crisis. See the beginning of wednesday’s update for further details. European markets rose 9.6%, US markets 7.2%, Asian markets 5.9%, and the DJ World index 8.4%. Bond prices and the USD weakened, while Crude, Gold and the Euro rallied. [...]