Volatile Dow keeps on retreat
Santa Rosa Press Democrat - The dollar was lower against other major currencies, while gold prices fell. The Russell 2000 index of smaller companies fell 16.94, or 2.17 percent, to 762.87. Japan’s Nikkei stock average rose 0.27 percent. Britain’s FTSE 100 fell 0.10 percent
IAMGOLD 2007 Second Quarter Results
Market Wire - Revenues in 2007 benefited from stronger gold prices but were offset by higher operating costs at the mining operations. The impairment charge at Mupane is attributable to a reduction in expected cash flows from this mine. Operating cash flow for the
AXcess News: Solid Earnings Overlooked in Market Selloff
MSN MoneyCentral - While both companies saw strong results, lagging silver and gold prices over the past week only slightly improved Friday, mostly due to the spill over in market sentiment that sent stocks tumbling worldwide as credit worries infected Wall Street
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Gold, Oil Fall Alongside Stocks
Akron Beacon Journal - Gold prices tumbled as stocks extended their plunge Thursday, closing before the precious metal could benefit from a late-day turnaround on Wall Street. The stock drop of the past week has led many investors to take money out of commodities across
Energy, metals prices advance
Seattle Post Intelligencer - NEW YORK — The commodities markets followed Wall Street higher Friday after the Federal Reserve appeased investors nervous about tight credit by lowering its key discount rate a half-percentage point. Commodities prices rose broadly Friday, with
Dollar higher, gold falls in Europe
OregonLive.com - LONDON (AP) The U.S. dollar was higher against most other major currencies in European trading Wednesday. Gold prices fell. The euro traded at $1.3477, down from $1.3576 late Tuesday in New York. Later, in midday trading in New York, the euro
Building the economy
CNN - Many of the casualties have been in mining, where the falling gold price has caused several mines to close. With gold at a 20-year-low, the prospects don’t look good for the industry. Several economists blame job losses partly on a labor system that
Inmet cites support for copper-gold Ok Tedi project in Papua New
Canada East - The price of gold continued to increase in the quarter to an average LME price of US$667 per ounce, compared with $627 per ounce in 2006, mainly because of the decrease in the value of the U.S. dollar. “The gold price we ultimately realized was
Animas Resources Obtains Services of John Reynolds of Durango
Market Wire - I am excited to be able to consolidate the past data on the Santa Gertrudis mines in light of the higher gold price today along with leading the geophysical program to identify new, near-surface ore as well as previously ignored sulfide zones. I am
Apollo Gold Announces Second Quarter 2007 Results With Improved
CNW Group - 000 tonnes of indicated material with an average grade of 1.26 g/t Au was used and the remaining amount of dilution material was assigned a grade of 0 g/t Au >> The minable reserve was calculated based on a gold price
Costs dull gold but future is bright
Sydney Morning Herald - But, despite a rising gold price, like most other Australian goldmines the Super Pit has not been a screaming financial success of late. The star mines in the Goldfields region in the last year were instead the Kambalda nickel operations owned by up
Gold support price up 760%
Financial Gazette - The international gold price surged from around US$275 an ounce in 2001 to US$678 an ounce yesterday. This means, at reported parallel market rates of $180 000 for the US dollar, the central bank s new gold price is US$472 an ounce, a discount to
Energy Metals Securityholders Approve Arrangement with Uranium One
Bolsamania - Such factors include, among others: uranium and gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves and
Randgold chasing the fat chicken
Mining MX - The company s early years were far from settled and may have ended in disaster as a gold price of $255/oz nearly tipped Bristow s Randgold over the edge. Bristow had to sell a 40% stake in the company s beloved first gold mining project
Building the economy
CNN - Many of the casualties have been in mining, where the falling gold price has caused several mines to close. With gold at a 20-year-low, the prospects don’t look good for the industry. Several economists blame job losses partly on a labor system that
Energy Metals Securityholders Approve Arrangement with Uranium One
Bolsamania - Such factors include, among others: uranium and gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves and