Gold – SEMAFO (TSE:SMF) is a gold mining and exploration company which operates three gold mines in West Africa: the Mana Mine in Burkina Faso, the Samira Hill Mine in Niger and the Kiniero Mine in Guinea. The company’s organic growth approach and extensive exploration during this first part of 2010 could yield strong returns for shareholders.
Gold Investing News reports gold has been rallying very cloce to the $1,000 mark. The yellow metal appeared poised to make a third assault on the $1,000 mark earlier this month. Some of the enthusiasm was fuelled by rising expectations of inflation following aggressive prime-pumping measures by the U.S. and other governments to keep their [...]
Gold Investing News reports on the recent financial turmoil and the bail-out plan approved by the US lawmakers, found investors are afraid to put money into banks but going for gold commodity instead. The Wall Street Journal has reported that export growth was anticipating a sharp decline in coming months, muting what had been one of [...]
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