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Gold Prices Increase on Falling Supply and Rising Demand
February gold futures broke $1200 for the first time a little after 4AM New York time. February 2010 is now the major front month contract after the expiration of the December contract on November 30th.
Gold futures were up 14% in November, the best monthly performance in ten years. Silver was also up 14%. Gold traded [...]
Gold Producer In Africa, Harmony Gold Mining Reported Fourth Quater Earning Share
Largest gold mining companies in Africa, Harmony Gold Mining companies to report earnings during the period of four quarter fall of 13 percent per share. Companies consider the dividend payment this year. Harmony Gold Mining’s acquisition plan and invest in new projects that can help the growth of the company.
Kinross Gold Will Invest $10 Million Exploitations and Exploration Of Gold Mine Alaska In 2009
Exploration company of the biggest gold mine in Alaska, invesment $10 will million for exploration activity and develops gold mine in Alaska, invest focuse in region Fort Knox. Invesment for exploitation of exploration activity of this gold mine will take place during fiscal 2009.
Kirk Land Gold Mining Exploration Review Mine Production and Future
Kirkland Lake Gold is an interesting story. In 2001, Quest Capital, a boutique mining finance company in Vancouver headed by Murray Sinclair and Bryan Bailey, had taken a hit on Brimstone Gold, which had unsuccessfully explored the historic Mayflower mine in Montana under the leadership of David Rovig.
India Silver Import Falls by 50%, Follow Gold Mine Demand
High prices, dull market conditions and re-cycling of scrap silver materials have led to a big fall in the imports of silver by India, one of the largest importers of the white metal in the world.
SearchGold Reports High Grade Gold on Arae-Gassel Gold Property
SearchGold Resources Inc. is pleased to provide additional technical details on the 400 km2 Arae-Gassel Gold Property (”Arae -Gassel”) located in northern Burkina Faso, West Africa, where it has an option to acquire 100% interest from Somika SARL (”Somika”).
Mining Exploration and Commodity Trends in 2009
The year 2008 is coming to an end on a positive note for commodities sector as it continues to outperform equities and other financial investment options. In India, commodities sector led by oil, mining and metals have been found to be the greatest wealth generators beating IT sector and real estate in the game.
Canada Metal Mining Exploration kicks off 2008 season with drilling on Doyon land
Based Full Metal Minerals Ltd. kicked off its industrious exploration work planned for 2008 in late April, with drilling on the company’s 40 Mile project in east-central Alaska on land optioned from Interior Alaska Native corporation Doyon Ltd.
Full Metal, one of Alaska’s aggressive junior exploration companies with nine different properties spread throughout the state, announced [...]
Anaconda Mining Receives payment of US$2,050,000
Anaconda Mining Inc. is pleased to announce that it has received the initial payment of US$2,050,000 as per the Definitive Exploration Earn-in Agreement recently signed with Industrias Penoles, S.A. de C.V. (”Penoles”). The payment is in respect of Anaconda’s Carmen copper-gold project in the Inca de Oro District, Chile.
See Anaconda press release dated Sept [...]
