Falling Gold Prices Can Spell Bad News for Industry
Gold – The Globe and Mail reported that rapidly falling gold prices will mean bad news for industry players already battling cost overruns, asset writedowns and project cancellations.
Articles Tagged "gold producers"
2011 Top 10 Gold Producing Countries
Gold – Gold Investing News identifies the top-ranked countries and their gold reserves for 2011.
Top 10 Gold Producing Countries of 2011
Gold – The world's top ten gold producers span the globe, much like the metal's admirers.
Gold Price Lower on Federal Reserve Comments
Gold – It has been a volatile week for gold prices, most heavily influenced on Wednesday after United States Federal Reserve Chairman Ben Bernanke gave no hints that a third round of quantitative easing was expected in the immediate future.
South Africa Gold Miners Benefit from Slumping Rand
Gold – Bloomberg reported that gold miners in South Africa are posting gains as the value of rand sinks.
Gold Producers Receive Optimistic Analysts’ Forecasts
Gold – Strong supply and demand fundamentals give long-term bullish gold outlook.
Gold Prices Fueling International Expansion
Gold – This week mid-tier gold miner AuRico Gold Inc. announced a $1.46-billion deal to buy Northgate Minerals Corp. eliminating a prior merger offer from Primero Mining Corp.
Gold Mining Stocks Lag but May Soon be Making Gains
Gold – Gold mining companies have had more in common with struggling S&P 500 than with the safe haven metal, though this may change in the near future.
Canadian Stocks Fall on Lower Gold Prices; Goldcorp Declines
Gold – Bloomberg reports that Canadian stocks fell for the first time in four days as as gold producers declined after U.S. companies added more jobs than forecast.
A25 Gold Producers Announces Letter of Intent to Acquire the Red Elephant Property
Gold – A25 Gold Producers Corp. (ETR:ALQ) signs a letter of intent to acquire the Red Elephant gold property in the Slocan mining division of British Columbia, Canada.
