Pelangio Advised of Drill Results From Detour Gold’s Drilling Program
Market Wire - near-surface resource of 1.4 million ounces in the indicated category (20.0 million tonnes grading 2.14 g/t) and 2.0 million ounces of gold in the inferred category (35.4 million tonnes grading 1.80 g/t), based on a US$450 per ounce gold price and a

Lihir Gold posts loss in first half
National - PERTH: Lihir Gold Ltd has posted a first half loss, but still expects to generate a solid improvement in annual earnings as production continues to rise and the gold price remains high. Lihir Gold did not declare an interim dividend. The company s

Barrick Q2 profit is $396M, includes $66M charge for eliminating gold
Edmonton Sun - Our Q2 results are a clear demonstration of Barrick’s ability to deliver superior earnings and cash flow leverage in this strong gold price environment”, said Greg Wilkins, president and CEO. “The ability to capture spot prices, combined with our

Aussie shares fall on US recession fears
News.com.au - Gold stocks followed the gold price down, with Australia’s largest gold producer, Newcrest Mining, losing 26 cents to $25.33, Newmont down 12 cents, or 2.36 per cent, at $4.96 and Lihir shedding five cents, or 1.66 per cent, to $2.97. Retailers were

What Is An Exchange-traded Fund?
Allentown Morning Call - StreetTRACKS Gold Trust follows the gold price and is a top-trading fund listed on the New York Stock Exchange. However, Cliff Weber, executive vice president of development and strategy at the American Stock Exchange, says that recently ‘’the growth