GOLD NEWS

BIGGEST FLOTATION IN LONDON IN ALMOST 2 YEARS

African Barrick Gold IPO priced at low end of range

Friday , 19 Mar 2010
The 575 pence price values the company at about $3.6bn
STRIKE ACTION

Buenaventura union to strike again next week

Friday , 19 Mar 2010
Union workers at the Peruvian precious metals miner said they would go on strike again next Friday after demands for a greater share of profits were not met.
GOLD DEMAND

Global gold demand to recover in 2010 -WGC

Thursday , 18 Mar 2010
A pick up in jewellery and investor demand should help boost gold demand during the year an official at the World Gold Council
EXPLOSIVES RESTRICTIONS LIFTED

Full operations to resume at Cerro San Pedro gold mine - New Gold

Thursday , 18 Mar 2010
Operations at the mine were suspended in November last year after Mexico's environment ministry, revoked the mine's 2006 environmental permit.
SILVER, PGMS WILL OUTPERFORM GOLD

Yesterday's Top Story: BMO forecasts gold, silver, and PGMs to do ‘very well' next few years

Thursday , 18 Mar 2010
BMO Global Commodity Strategist Bark Melek says global growth is reigniting industrial metals, as silver and PGMs are expected to outperform firm and stable gold.
AUSPICIOUS TIMES

Indian gold demand fluctuates on price as wedding season approaches

Wednesday , 17 Mar 2010
Indian gold demand still drops on price surges, but picks up on weakness as April wedding season draws near.
NINE MONTH EARNINGS NUMBERS

Avocet shares fall on pretax loss for nine months to December

Wednesday , 17 Mar 2010
The group said impairment charges and higher output costs were to blame for the $10.6m loss but, added it was positive about the outlook for 2010
QUARTERLY COMMODITIES REVIEW

Commodities "moderately bullish" in a two-speed world - SocGen

Wednesday , 17 Mar 2010
Moderately bullish on commodities as a whole for the year, Société Générale asserts that prices are likely to vary considerably from metal to metal with a strong emphasis on developing economies still a major theme.
REMOTE AUSTRALIAN GOLD PROJECT

Immense Tropicana gold project gets a new brother

Wednesday , 17 Mar 2010
The Boston Shaker may be an important new name for Australia's biggest new gold mining blueprint out in the remote east of Western Australia's Eastern Goldfields.
MINE ACCIDENT

African Barrick Gold halts production at Tanzanian mine after accident

Wednesday , 17 Mar 2010
The group is working to rescue miners trapped by a fall of ground at its Bulyanhulu mine
COPPER, GOLD, GOING FOR NICKEL

First Quantum raises the bar

Tuesday , 16 Mar 2010
Record copper and gold production, as the group continues to expand, also outside Africa, and into serious nickel production from 2012.
PRODUCTION UP 53% IN TEN YEARS

West African gold achieving increasing global significance

Tuesday , 16 Mar 2010
In a few years the region could well be challenging for second place in the producer stakes
SA FALLS AGAIN

South Africa now only world's No.4 gold miner

Monday , 15 Mar 2010
For many years the world's largest gold producer by far has fallen to No'4 in the global gold production league.
PAYDIRT GOLD CONFERENCE

$1,000 gold now more floor than ceiling

Monday , 15 Mar 2010
The price that was once an invisible ceiling, is now more likely to be the level at which a fall in the gold price bottoms out
PAYDIRT'S GOLD CONFERENCE

Boddington to hit full gold production by year end

Monday , 15 Mar 2010
Newmont says the ramp up of the operation, which will be the group's cornerstone asset for many years to come, is at about 70% and climbing. And, the group says it will continue to further develop this under-explored region
ECONOMIC OUTLOOK

Lots of bulls in China's shop

Sunday , 14 Mar 2010
With chunky economic numbers from China boosting commodity prices we take a brief look at the country's position in different market places - while noting also that hopes for a recovery in global trade appear to be borne out by freight rates
EXTORRE ON THE BOARDS

Exeter's gold company split now approved and going live

Saturday , 13 Mar 2010
Canadian gold junior Exeter Resource Corp. has had its proposal to split into two separate companies approved to handle two very different types of gold deposit.
BUYOUT ACTION

Kinross to acquire Underworld Resources at a 36% premium

Friday , 12 Mar 2010
Kinross says the deal, which values the exploration company at C$139.2m will help it expand its asset base in northwest North America
2009 NET EARNINGS DROP to $240M

Goldcorp's project pipeline, acquisitions to yield even more gold ounces in 2010

Friday , 12 Mar 2010
Goldcorp says 2009 operating cash flow exceeded $1.2 billion, thanks to record gold production.
‘EVERYBODY WANTS TO GET TO THE NEXT LEVEL'

Capital Gold still dreams of growing big

Friday , 12 Mar 2010
The small gold miner, nearly bought out for C$0.76 a year ago is now mulling its options which include, acquisitions, and the prospect of looking for a new suitor.
$175M FOR PROJECT DEVELOPMENT, EXPLORATION

Paulson, Soros hedge funds complete NovaGold investment

Friday , 12 Mar 2010
Despite years of struggling, NovaGold has struck gold with the financial backing of two of the world's best known hedge fund managers, John Paulson and George Soros.
PRODUCTION FORECAST

Kinross to add roughly 1m oz of gold production by 2015

Thursday , 11 Mar 2010
The group says it will also complete a prefeasibility study on its Fruta del Norte project in Ecuador by year-end
MINE ACCIDENT

Harmony halts Evander ops after death

Wednesday , 10 Mar 2010
A worker was killed in a rockfall at the South African gold miner's Evander No. 8 shaft; the group says it is nclear when output will resume
REKO DIQ

Barrick CEO optimistic Reko Diq gold-copper project will go ahead

Wednesday , 10 Mar 2010
Aaron Regent said Tuesday the company is continuing to have discussions with the Baluchistan government but added a resolution could take months
PACIFIC ISLANDS GOLD

Allied Gold lifts resources to 7.8 million ounces

Wednesday , 10 Mar 2010
Allied Gold Ltd is building up to a major gold producer in the Pacific region with an annual target output by 2011 of 200,000 ounces.
AFRICAN GOLD

Randgold, Iamgold to help boost West African gold production by 30% - GFMS

Wednesday , 10 Mar 2010
Gold production in the region is expected to rise by about 2m oz per year until 2013
GOLD MARKETS

As Confidence Returns, Gold Will Rise - John Embry

Tuesday , 09 Mar 2010
Sprott Asset Management's Chief Investment Strategist believes gold could gain another 30% this year this year as a greater proportion of the public realizes the degree of difficulty that sovereign debt is in. Interview with the Gold Report
INVESTOR HUB: Gold


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TOP STORIES

TRADE RELATIONS WILL NOT SUFFER

China ban on Australia's access to Rio trial upheld

Friday , 19 Mar 2010
Australia has ‘registered its disappointment' with Beijing but said it will not take the matter further
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