Articles Tagged "newmont"

Gold Juniors May Post High Returns as M&A Activity Heats Up

Gold – Increased mergers and acquisitions (M&A) activity is expected to be a big driver of gains in junior gold mining shares.

Gold Price Approaches Key $1,000 Level

Gold Investing News reports gold price almost approaching the $1,000 level. Spot gold earlier fell to its lowest since May 28 of $951.50 per ounce. But it was up 0.4 per cent at $958.90 per ounce, compared with New York’s notional close of $955.30 on Friday. U.S. gold futures for August delivery trimmed earlier losses of [...]

Canada’s Centerra Gold Spark

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 [...]

Gold price under pressure to perform

Gold Investing News reports gold rallying under pressure from the stock market. On Thursday, the metal broke below its 100-day moving average at $885, and sell stops were triggered. “The close below $885 could indicate more pressure to come over the next couple of sessions, with $869 the next support level. It’s seeing some technical selling,” [...]

Muscular Greenback Edges Out Gold

Gold Investing News reports the US dollar’s rally has hit gold price. The yellow metal often moves inversely to the U.S. dollar because gold is seen as an alternative to the greenback. The dollar advanced against its major rivals Friday in New York as the rally in riskier currencies broke down ahead of key policy [...]

AMI Resources – Stratigic Location on Ashanti Gold Belt

Gold Investing News reports AMI Resources Inc., a Canadian exploration and development stage company. AMI Resources Inc. is a Vancouver, British Columbia based exploration and development stage company, which through its wholly owned operating subsidiary (Norcan Mining Corp.), has elected to concentrate its exploration activities in Ghana, West Africa. For complete story, click this link. [...]