Tuesday, May 02, 2006
Oil Price Pushed Higher by New Investors
Oil Price Pushed Higher by New Investors
A global economic boom, sharply higher demand, extraordinarily tight supplies and domestic instability in many of the world's top oil-producing countries in that environment, higher oil prices were inevitable.
Gold explorer Castle makes strong debut
Africa-focused gold explorer Castle Minerals Ltd made a strong start to public life on Tuesday with its shares debuting at a 22 per cent premium to their issue price.
Canadian Stocks Rise as Oil, Gold Prices Climb; EnCana Advances
May 1 (Bloomberg) -- Canadian stocks rose a second day, led by energy and raw-materials companies including EnCana Corp. and Goldcorp Inc., as oil and bullion prices climbed.
Canadian Stocks Rise for a Third Day, Led by Energy Shares
May 2 (Bloomberg) -- Canadian stocks gained for a third day, led by energy companies including EnCana Corp. and raw- materials producers such as Barrick Gold Corp. as the price of crude oil and bullion climbed.
'Safe' gold hits a 25-year high
The price of gold surged to the highest point for a quarter of a century this evening, supported by the weaker US dollar and rising concerns over Iran.
iran: Central bank moves to calm gold rush
Irans central bank moved to slow down a sharp rise in the price of gold, state television said, as traders spoke of increased public demand due to tensions over the countrys nuclear program.
Towers gold miner hits rich vein of form
IT seems the pot of gold is finally in sight for Charters Towers' listed gold company Citigold and its shareholders.
(AFX UK Focus) 2006-05-01 18:23 GMT: Gold futures climb, but trade below the day's peak
SAN FRANCISCO (AFX) -- June gold climbed $4 to $658.50 an ounce in the last half hour of trading on the New York Mercantile Exchange.