With the price of gold over $1,150 an ounce and rising, enthusiasm for gold stocks has become pretty intense. And given that Canada is home to a large number of gold mining companies, many of them could actually go bust before an oblivious and uninformed investor manages to get his money out. Are you [...]
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Gold Investing News reports gold stocks leave gold investors in a frenzy despite gold prices reaching above $1,000 mark. Why the frenzy? Is it a mere bubble? What is behind the volatile rise in prices? There appear to be too many questions and too little answers. For sure, there is intense interest among the world’s [...]
Gold Investing News reports a deal between Centerra Gold, a Canadian company and Kyrgyzstan’s lawmakers. The settlement will raise the state’s share in Canada-based Centerra Gold Inc. (CG.TO), which owns the lucrative Kumtor mine, to 33 per cent from 15.7 per cent previously. In addition to increasing Kyrgyzstan’s role in the Kumtor project, the $100 [...]