ASX Exchange Round-Up: ASX Sits at 4,926.6 Points
The Australian Securities Exchange hit a high of 4,962.9 and a low of 4,922.8 today.
The Australian Securities Exchange hit a high of 4,962.9 and a low of 4,922.8 today.
Gold – Perseus Mining Limited (TSX:PRU, ASX:PRU) provided updates on their operations in Ghana and Côte d'Ivoire.
Gold – The fiscal cliff may have been averted, causing gold to spike, but it's not all good news for the precious metal, which lost ground on Thursday.
Gold – Perseus Mining Limited (ASX:PRU, TSX:PRU) announced that gold production at its Edikan Gold Mine in Ghana is now likely to be 49,000 ounces for the December 2012 Quarter.
Gold – Lead portfolio manager at Dynamic Robert Cohen reveals his investment philosophy with Gold Investing News, “I never favour additional volatility. I do not associate stable companies however as always having less volatility. Plenty of producers have earnings misses, production issues that also lead to volatility. Meanwhile, exploration companies have no earnings, and therefore, can in fact, have less volatility.”
Gold – Ghana is Africa’s second biggest producer of gold, and hosts more estimated reserves than such prolific gold producing nations as Peru and Papua New Guinea. Last year, production rose more than 12 percent, with output at the country’s two biggest mines increasing.
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