Archive for the 'Gold' Category

Azumah acquisition Crew Gold in Ghana to take it to the Ground Million Ounce Mark

There shouldn’t be any need to call for the help of contestants from the controversial quiz show University Challenge to get the answer to the following simple test of arithmetical skills, though the implications of the answer might be lost on that brainy crew. What is the sum of 754,300 and 300,000? If you said: [...]

Gold climbed in Asia as a plunge in equities lured buyers to the metal as a haven amid speculation that bullion’s declines in the previous six days were excessive.

Bullion has fallen 6.3 percent since Feb. 23 and touched $922.38 an ounce yesterday, the lowest since Feb. 11. The benchmark MSCI Asia Pacific Index dropped to the lowest since August 2003 today as banks and mining companies declined.
“Right now gold reflects the fact that many banks would collapse without government support and the fact [...]

Golden Predator date confirms meeting with shareholders

Golden Predator Mines Inc. (TSX: GP) ( “Company”) is pleased to announce that the shareholder meeting in connection with its previously announced corporate reorganization, will be held on March 4, 2009. Company e-mail an information circular to shareholders of record as of January 27, 2009, which provides information on issues to be considered at the [...]

Hunt Gold Corporation - Further Joint Venture Stock Purchases

Hunt Gold Corporation - Further Joint Venture Stock Purchases
The joint venture company gets 300 million additional shares of common stock
NEW YORK, NY - (Marketwire - February 13, 2009) - Hunt Gold Corporation (PINKSHEETS: HGLC) to designate 14 November 2008, that your company created a joint venture; time 50/50 partnership between your company and Mining Fund [...]

Minews. Presumably this is the leading way to gold.

Oz. He was, moreover, at this week’s upward trend is a continuation of trends seen in the past few weeks. In fact, if you trawl through the data, which you will find that the mining sector is trading at the highest level in three months. No one is shouting that the boom is back, but [...]

Healthy profit lift for Australia at the beginning of a gold miner

Higher gold prices more than offset by lower copper byproduct returns and higher costs to Newcrest Mining 16% growth in core profits for the half year compared to the same period a year ago.
Australia is the only major domestic producer of gold in the property, Newcrest Mining Ltd (ASX: NCM; New York ADR: NWCNY), showed [...]

Mining News :Gold: silver ratio - a pointer to the high price of a round?

Even in biblical times, gold and silver prices to parity, although in the Roman epoch the ratio is increased to 15 and 16. Silver support for the major currencies right path until the nineteenth century, although it is developing its economy, as a rule, have become the norm, that the money was used for domestic [...]

Maine oil prices drop 7 cents

Mining exploration news: (oil prices)
Augusta, Maine-Home heating prices still down in Maine. State energy offices in the state of Maine says the average cash price for No. 2 heating oil is $ 2.36 per gallon - down 7 cents since last week.
Director of Energy John Kerry said that the national demand for oil has decreased [...]

Oil prices slip further below $ 40

Mining Exploration News:(oil prices)
The price of oil fell again in morning trade on Tuesday. Light sweet crude oil for February delivery rose to $ 39.33, down 58 cents on the session. Prices reached as high as $ 40.65 before the associative lower.
Traders looked ahead to Wednesday’s Energy Information weekly inventories report. Experts looking around to [...]

Gold Mining Exploration: Transoft technology acquires Wellington mining projects

Mining Exploration News:(Gold Mining Exploration)
Markham, ON, John Browne, President of Transoft Technologies, is pleased to announce the acquisition of Wellington Mining Project, from Produelec SA, Ecuador, which is located in South America .
Wellington Mining Project, which consists of alluvial gold mining plant in 3 mining concessions to hard rock deposits contain interesting and the value [...]