Tuesday, February 05, 2008

 

RANDGOLD RESOURCES ANNOUNCES - PIONEERING SPIRIT NEEDED (Gold shares)


RANDGOLD RESOURCES ANNOUNCES - PIONEERING SPIRIT NEEDED
MSN MoneyCentral - GOLD) - For Africa to prosper from its mineral wealth it must urgently set out to use the mining industry as the foundation for building its economies, Randgold Resources chief executive Mark Bristow told the Mining Indaba here today. To

World power shortages to hit global mining - Aggreko
Reuters - a provider of temporary power generators, said on Tuesday a world shortage of power would hit the mining sector, causing Already South Africa, home to leading platinum and gold majors, has been hit with a major electricity power shortages that

AngloGold remains "very excited" on DRC prospects
Mining Weekly Online - New York and Johannesburg-listed AngloGold Ashanti remained "very excited" about prospects for large gold deposits on northeastern Democratic Republic of Congo (DRC), executive vice-president business development Richard Duffy told the Mining Indaba

Thomson Financial Europe AM at a glance share guide: Stocks fall, oil
CNBC - Platinum struck a all-time high Monday as South African mining woes squeezed supply, while gold traded some 4 pct below a record hit late last week. Platinum also dragged palladium up to a six-year high yesterday, as the two metals can be used for

High Gold Prices Sparking Feverish Pursuits
The Ledger - But longtime prospectors say small-scale mining is generally unpredictable, tough on the body and yields little to no profit. "If you love ditch-digging, you'll just love gold mining," said Steve Herschbach, owner of Alaska Mining and Diving, a mining

Panel Samples From Pan African's Mountain of Gold in Madagascar
Market Wire - VANCOUVER, BC--(Marketwire - February 5, 2008) - PAN AFRICAN MINING CORP. (TSX-V: PAF ) ( FRANKFURT : P2A ) (the "Company") is pleased to announce that results of its extensive regional geochemical sampling program undertaken in 2007 have now been

Sunday, February 03, 2008

 

Moscow shares soar as Wall Street gains and upgrades spark buying (Gold)


Moscow shares soar as Wall Street gains and upgrades spark buying
Forbes - MOSCOW (Thomson Financial) - Shares rebounded in afternoon trade following yesterday's steep losses as overnight gains on Wall Street inspired buyers, with Raspadskaya, Magnitogorsk Iron & Steel, Norilsk Nickel and Polyus Gold among the top

Asian shares put in mixed performance
Financial Times - Gold hit $927.80 an ounce for immediate delivery. Platinum for delivery in December jumped by the maximum amount allowed to Japanese shares dropped as investors digested predictions of lower profit at Mizuho Financial and Sony announced Thursday after

Stocks With Punch to Take On A Tough Market
Wall Street Journal - FREEPORT-MCMORAN COPPER & GOLD: Shares of the world's largest publicly traded copper producer are down by more than 10% this year, to about $91, despite higher copper prices. The fear is that a global downturn will depress the price of copper. The

Gold miners positioned for job cuts  
Business Day South Africa - warrant it," said Frans Baleni, the NUM’s general secretary. "Any premature attempts to cut labour or wages will be rejected at all costs," he said. In midday trade shares in Harmony were 1,88% or R1,40 lower at R73,10 while Gold Fields’ shares

U.S. Stocks Rise on Yahoo Bid, Bond-Insurer Plan, Manufacturing
Bloomberg - Rio Tinto's U.S.-traded shares gained $34.05 to $441. Freeport-McMoRan Copper & Gold Inc., the second-largest copper producer, rose $3.28 to $92.10. U.S. Steel Corp. increased $5.25 to $107.21. Altera Corp. led gains in chipmakers after

London shares higher midday; FTSE 100 hits 6,000; NY seen up on Yahoo
Forbes - LONDON (Thomson Financial) - London shares extended gains midday, with Rio Tinto up 15 pct after two companies spent 7.2 bln They were also boosted by gold and platinum hitting record highs today, while silver and palladium were at multi-year peaks

Wednesday, January 16, 2008

 

UT Southwestern finds drug shown to prevent HIV/AIDS (Gold shares)


UT Southwestern finds drug shown to prevent HIV/AIDS
Dallas Morning News - Those studies are considered the "gold standard," said Dr. Lynn Paxton, the epidemiologist at the Centers for Disease Control and Prevention in Atlanta, who coordinates the human prevention studies. New and better animal models

Exeter Discovers Bonanza Gold-Silver Grades on Cerro Moro Extension
MSN MoneyCentral - Samples returning greater than 10 g/t gold and/or greater than 100 g/t silver are assayed using gravimetric analyses. Standard and blank samples are used throughout the sample sequence as checks for the diamond drilling reported in this release

B.C. unveils huge transit plan
Globe and Mail - Instead we get these useless-too-little-too-late EcoPlan rebates - 4% on the cost of a residential solar hot water system. What a joke! Canadians ask for a gold standard in environmental policy, Harper/Baird give us tin Posted 14/01/08 at

Would you mourn the end of A-Levels?
Daily Telegraph - The Gold Standard we all want still exists somewhere in the ether, what we need to do is trust teachers, lose the obsession with teaching to the national test throughout school life which is killing the very learning culture which it supposedly

ALVESCO(R) Gains FDA Approval for the U.S. Market
Forbes - Inhaled corticosteroids (ICS) are regarded today as the gold standard in asthma and allergic rhinitis therapy. They inhibit the activity of pro-inflammatory cells and promote the endogenous production of anti-inflammatory substances. With regular use

Gold touches new peak at Rs 11,710
MyIris - Standard gold shot up by Rs 90 at Rs 11,710 per 10 gram, a level never seen before. Similarly, gold ornaments surged to all-time high level of Rs 11,560 per 10 gram. Sovereign also joined the rally and touched a record high of Rs 9,150 per piece of

New Books shelf features variety of selections
Palestine Herald-Press - The author explains the gold standard elimination and challenge diet and follows with some recipes reflecting those healthy choices. • “The Complete Idiot’s Guide to Hybrid and Alternative Fuel Vehicles: Get the Low-Down on Today’s Green

Gold, Platinum Rise to Record as Dollar Falls; Crop Prices Gain
Bloomberg - Investors may also prefer gold to stocks, analysts said. The Standard & Poor's 500 Index has fallen 4 percent this month, the worst start since 1991, according to Bloomberg data. ``People are looking at precious metals as principally a

Miranda Gold Corp. Intersects 85 ft of 0.046 oz Au/t at Red Canyon
MSN MoneyCentral - Gold results were determined using standard fire assay techniques on a 30-gram sample with an atomic absorption finish. Romarco QC/QA included the insertion of standards and blanks on a regular basis, and the collection of duplicate samples. The

Saturday, December 15, 2007

 

Freeport-McMoRan President to Retire (Gold standard)


Freeport-McMoRan President to Retire
Forbes - Mining company Freeport-McMoRan Copper & Gold Inc. said Thursday that its president and chief operating officer plans to retire April 1. Tim Snider will be replaced as president by Richard C. Adkerson, who also will continue to serve as the company's

Thistle Mining shareholders approve President Steyn Gold Mines sale
CNBC - LONDON (Thomson Financial) - Thistle Mining Inc said its shareholders have approved the sale to Pamodzi Gold of Thistle's interests in President Steyn Gold Mines but cautioned obstacles remain on the buyer's side. Thistle said that assuming the

Aflease plots 500,000 oz gold strategy
Mining MX - His background is in gold mining and he worked with Aflease Gold and Uranium One CEO Neal Froneman at the Kloof mine. Marais is revelling being back in an underground gold mine environment again. “It’s absolutely thrilling to be back in gold. It

Tara Gold Retains 100% of Las Minitas as Option Is Terminated
MSN MoneyCentral - (PINKSHEETS: TRGD) (FRANKFURT: T8N) Tara Gold Resources Corp. announces that its Mining Option Agreement with Pershimco Resources Inc., pertaining to the Las Minitas groupings, has been dropped by the Optionee. As a result, Tara Gold now holds a 100

Buy yourself gold for portfolio protection?
Stockhouse Canada - In general, gold mining stocks are 'notoriously volatile,' warns Katherine Yang, an analyst at investment research firm Morningstar Inc. in Chicago. The point being, if you're going to buy a gold stock, you ought to be prepared to do some homework

Wednesday, November 28, 2007

 

U.S. Energy Corp. Acquires Crested Corp. (Gold shares)


U.S. Energy Corp. Acquires Crested Corp.
Forbes - Examples of these other companies are Sutter Gold Mining Inc. and Kobex Resources Ltd. These other companies are subject to the reporting requirements of other jurisdictions. United States residents are cautioned that some of the information

Little Squaw Opens Gold Exploration in Mexico
MSN MoneyCentral - Little Squaw Gold Mining Company (OTCBB: LITS) ($0.86) ("Little Squaw" or "the Company") announces that it has acquired the Marisol gold property located near the U.S. border south of Tucson in the State of Sonora, Mexico. The Company intends to

Magistrate finds Masetlha not guilty
Talk Radio 702 - The former National Intelligence Agency Director General was facing charges of contravening the Intelligence Services Oversight Act. This after he was accused of withholding information from the Inspector General of Intelligence. Magistrate Dreyer

Randgold Resources announces Global Offer of 6,000,000 New Shares
MSN MoneyCentral - Randgold Resources is a gold mining and exploration business, the activities of which are focused on West and East Africa, including mining operations at the Loulo and Morila mines in Mali. Current projects include the Yalea underground

Never enough gold jewelry
Asia Times - Mr Evans-Pritchard reports that inflation is hitting gold mining, too, and "Costs are rising at $60 an ounce annually. They will average $460 by next year

Tuesday, November 06, 2007

 

Yamana Gold Finishes Formal Offer For Meridian Gold; Buys Nearly 90 (Gold)


Yamana Gold Finishes Formal Offer For Meridian Gold; Buys Nearly 90
RTT News - 11/5/2007 9:07:13 AM Yamana Gold Inc. (AUY, YRI.TO, YAU.L) on Monday said it accepted for payment an additional 13.3 million common shares of Meridian Gold Inc. as part of the ordinary course extension of its offer. Yamana said it now owns 90,813,237

China Gold Output to Beat U.S., Challenging S. Africa (Update3)
Bloomberg - Zhongjin Gold, China's largest publicly traded producer of the metal, plans to sell as many as 130 million shares to buy mines from its parent, China Gold Group, and to raise funds to boost its reserves and output. Its shares have risen more than six

Yamana Gold Completes Formal Offer for Meridian Gold; Acquires
MSN MoneyCentral - YAMANA GOLD INC. (TSX: YRI)(NYSE: AUY)(LSE: YAU) today announced that it has taken up and accepted for payment an additional 13.3 million common shares of Meridian Gold Inc. as part of the ordinary course extension of its offer. Together with the

Big first-day gain for NIB
News.com.au - IN the words of its public face, NRL footy show star Paul "Chief" Harragon, "That's gold". Shares in NIB, the first private health insurer to list on the sharemarket, have debuted at a big premium of almost 30 per cent. NIB shares (CODE: NHF) were

Royal Gold Announces Commencement of Public Offering of Mandatory
PR Newswire - DENVER, Nov. 5 /PRNewswire-FirstCall/ -- ROYAL GOLD , INC. (NASDAQ: RGLD) (TSX: RGL) , the leading publicly-traded precious metals royalty company, today announced that it has commenced a public offering of 1.0 million shares of its mandatory

Monday, October 22, 2007

 

US dollar mixed, gold down in European morning trading (Gold mining)


US dollar mixed, gold down in European morning trading
International Herald Tribune - LONDON : The U.S. dollar was mixed against other major currencies in European trading Monday morning. Gold fell. The euro traded at US$1.4280, down from US$1.4296 late Friday in New York. The British pound was quoted at US$2.0440, down from $2.0500

Metals - Gold heads lower as market players book profits; oil prices
Forbes - LONDON (Thomson Financial) - Gold headed lower in early London trade as market players looked to pocket profits after concerns about the health of the US economy resurfaced and as oil prices eased back from record highs. Shares in London opened

Movers: Companies in the news
International Herald Tribune - Crystallex International, a gold-mining company that is awaiting approval to start work on the Las Cristinas mine in Venezuela, plans to restate 2005 and 2006 financial reports to fix an accounting error. Interest costs were accounted for incorrectly

Australian shares close sharply lower on concerns about US markets
Forbes - Gold miners also suffered, with Newcrest Mining dropping 1.29 dollars or 4.3 percent to 28.64 dollars. Lihir Gold fell 21 cents or 4.9 percent to 4.04 dollars and Oxiana fell 13 cents or 3.4 percent to 3.67 dollars. Leading energy retailer AGL Energy

Bring on Costello, says Rudd
News.com.au - Players like Bowen and Slater get ripped off at the selection table for the Green and Gold all the time It is about time we get a Queenslander in charge of the country. Go the Maroons !!!!! Posted by: David of Spring Hill 4:05pm today Comment 57

Black men turn out in thousands with hope
Baltimore Sun - Yesterday, Alston, wearing a black T-shirt with "Peace" in gold glitter, stood before the men who had answered his "call to action," and told them: "The worst thing we could do is nothing. But if we all do something, we could stop this hemorrhaging."

Getting a jump on contrarian investors
International Herald Tribune - Reflation trades - with their emphasis on emerging markets, gold, cyclical stocks, commodities and related assets - imply investors are betting on a replay of 1998. Back then, central banks responded to the Asian financial crisis, Russian default and

Pet food is healthier than fast food!
Hindustan Times - Nutrition experts who compared 30 human meals with 15 pet foods discovered that Gourmet Gold cat food, with 2.9 grams of fat per 100 grams, was not only eight times less fatty than pieces of Kentucky Fried Chicken (KFC) which had 23.2 grams of fat

Philippines' first-half metals output up 59 percent
CNBC - First-half gold output was 19.3 billion pesos, nickel output 15.46 billion pesos and copper output 3.67 billion pesos. Silver, zinc and chromite production was worth a combined 970.38 million pesos. Mines and Geosciences Bureau director Horacio Ramos

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