Gold slides to four-month low on Europe woes Sydney Morning Herald | Gold slid to a four-month low, capping the biggest weekly drop since March, as concern that Europe’s debt crisis is deepening strengthened the US dollar and eroded the appeal of the precious metal as an alternative asset. | Greece’s political impasse following an inconclusive May 6 ele...
Gold steadies as euro lifts from 3-1/2 month low Business Day | GOLD steadied on Thursday after falling to a four-month low in the previous session, as an uptick in the euro after Spain moved to clean up its banks and Europe’s bailout fund approved a key payment to Greece took some pressure off prices. | While the euro-zone debt crisis is continuing to simme...
Illegal gold mining, sand winning rising in Ahanta West District Ghana Business News | Illegal gold mining, sand winning, stone extraction and degradation of wetlands are the emerging environmental threats in the Ahanta West District, Mr. Kyei Yamoah, Programme Coordinator of the Friends of the Nation (FoN), said on Thursday. | He wa...
For Those Who Think Gold Rally Is Over, Keep Dreaming The Street | Their mood is epitomized by a recent Bloomberg headline: "Gold Erases Year's Gain as Europe Concern Boosts Dollar" -- which was then dutifully parroted by thousands of mainstream drones. The implication was clear: Gold was on its way down and the d...
CANADA STOCKS-TSX rises as gold miners offset Europe woes Reuters | * TSX up 49.99 pts, or 0.4 pct, at 11,380.67 * Gold miners, energy shares lead gains * Moody's downgrade of Spanish banks weighs By Jon Cook TORONTO, May 18 (Reuters) - Canada's main stock index rose on Friday as gold miners and energy firms contin...
VTB Capital buys minority stake in Siberian gold miner Mineweb | The investment arm of Russia's second largest lender, VTB, has bought a minority stake in Zapadnaya Gold Mining but has not disclosed the size or price paid for the stake. | ...
Mwana to sell 15% stake in Freda Rebecca gold mine Mining Weekly | JOHANNESBURG (miningweekly.com) – Aim-listed Mwana Africa said on Friday it would sell a 15% stake in its Freda Rebecca gold mine, in Zimbabwe, to a longstanding board member. | Kenneth Musanhi, a Zimbabwean businessperson, would pay $405 000...
JSE stays weaker, gold stocks rally News24 Johannesburg - The JSE remained on the back foot during midday trading on Friday, tracking negative global investor sentiment. | But gold shares bucked the trend, rallying on the back of the firmer spot price of the yellow metal, and rand weakness. |...
Russia's Nord Gold Q1 net income hit as output falls Reuters | MOSCOW May 18 (Reuters) - Russian gold miner Nord Gold said on Friday its first-quarter net income dropped 30 percent year-on-year to $60 million after its gold output fell, but said it expects a strong second half of 2012. | "With production now r...
Amador County mining company envisions new gold rush The Business Review Sacramento Business Journal by Mark Anderson, Staff Writer Date: Friday, May 18, 2012, 3:00am PDT Related: , , (2 photos) Mark Anderson | Sacramento Business Journal | Construction has begun on a $4.5 million rock-crushing mill at the Lincoln Mine in...
China strikes M&A gold in beaten-up periphery says expert duo Citywire | China and other emerging world powerhouses are in a land grab for developed world companies which will throw up some unprecedented equity arbitrage opportunities. | That is the view of Arnaud Yvinec and Gabriel Teodorescu, the Alternative Ucits A-r...
Why Eden is different Mudar Patherya, a former Sportsworld journalist, writes an open letter to ... The Telegraph India Why Eden is different | Mudar Patherya, a former Sportsworld journalist, writes an open letter to Shah Rukh Khan | Dear Shah Rukh Khan, | Completely sympathise with you. | When your entourage and you were ordered off the turf of the Wankhede Stadium, you finally came down to our plebian level. To the level of all those cricket-crazy Indians who hav...
Donna Summer's death 'may have been caused by 9-11 dust' Newstrack India | London, May 18 (ANI): Disco legend Donna Summer's lung cancer, which ultimately led to her death in Florida on Thursday, is said to have been triggered by toxic dust from the 9/11 attacks. | The 'I Feel Love singer' was in New York when al-Qaeda destroyed the Twin Towers in 2001. | She had been in her nearby apartment when the deadly cloud contai...
