Moly – Moly Mines Limited (TSX:MOL,ASX:MOL) updates on progress toward the completion of the US$500M financing facility for the Spinifex Ridge Molybdenum Project.
Articles Tagged "banks"
Gold – Reuters reports that Gold prices jumped nearly 1.5 percent on Tuesday.
Gold – Bloomberg reports that Gold may climb in New York on speculation a deal to rescue Ireland’s banks will curb a spread of the debt crisis.
Gold – Businessweek reports that Gold may decline in New York after China raised bank reserve ratios again, curbing demand for bullion.
Copper – Bloomberg reports that Copper fell in London, capping the biggest weekly loss in three months.
Gold – Businessweek reports that Gold may rise as concern about Ireland’s debt woes spurs demand for a protection of wealth.
Potash – Reuters reports that Russia's Phosagro is betting its stated desire to bid for Canada's Potash Corp. (NYSE:POT)
Gold – Reuters reports that large buyers and institutional investors generally buy the metal from big banks.
Gold investors should exercise short-term caution, as the end of a price slide for the metal is around the horizon. Then, it would be best to sink your teeth right in. The Emperor is naked. The debt of the US government is turning out to be in fact irredeemable. And gold is poised [...]
Gold is in a very vulnerable position at this point. Time to buy? Though gold posted its biggest rally since October on Monday, with spot gold trading at $1,105.13, up 2.25 per cent, traders maintained that prices continued to trade sideways above support near $1080.00. Gold bugs have been advised to keep a [...]