Sunday, August 14, 2016

Implats offers Khotso Mokhele the chair

October 29, 2009 by · Leave a Comment 

South Africa’s second-largest platinum miner, Implats, on Thursday offered the position of chairperson of the board to incumbent non-executive director Dr Khotso Mokhele. The overture to Mokhele follows the acrimonious sacking of Dr Fred Roux. Implats said in a Stock Exchange News Service announcement that it would consider Mokhele appointment as its new chairperson at [...]

Coin News: 2008 Proof, Mint, and Chronicles Set Values; Fake Coins; Errors

October 28, 2009 by · Leave a Comment 

Several numismatic news or coin blog articles are referenced on CoinNews two separate times a week. These articles are not authored by us, but we recommend coin collectors read them for their unusual or interesting content. Here are today’s coin articles: 2008 mint and proof sets strong Harry Miller | Numismatic News Mint sets have [...]

Castle enters support agreement with suitor Argonaut Gold

October 28, 2009 by · Leave a Comment 

TSX Venture Exchange-listed Castle Gold has signed a support agreement with privately-owned Argonaut Gold, which is planning to offer at least C$1,25 a share for the company, and could increase the price if gold gets more expensive over the next two months. Castle Gold’s main asset is the El Castillo mine, in Mexico’s Durango state. [...]

2009 Proof and Uncirculated American Silver Eagle Coin Images at Mint

October 27, 2009 by · Leave a Comment 

In what is now a touch of torment, several weeks back the United States Mint published 2009 American Eagle Silver Proof Coin images within their Press Image Library. 2009 Proof and Uncirculated American Silver Eagle Coins – Click to Enlarge The torment comes from the fact that US Mint on October 6, 2009, announced that [...]

Dollar Wobbles on Chinese Currency Diversification Concerns

October 27, 2009 by · Leave a Comment 

Mark O’Byrne submits: Gold Gold closed trading at $1,039.80/oz In euro and GBP terms gold is trading at €699/oz and £635/oz. Support for Gold is currently seen at $1,030/oz and resistance at $1,053/oz. Gold fell yesterday as oil prices and equities came under pressure and the dollar rose. The dollar has fallen marginally today after [...]

Stellar and West African Diamonds propose merger

October 27, 2009 by · Leave a Comment 

Diamond development company Stellar Diamonds and Aim-listed West African Diamonds (WAD) have proposed a merger that would result in a reverse takeover of WAD on the London stock market. Stellar, which is 58,5% owned by Aim- and TSX Venture Exchange-listed African Aura Mining, have signed a heads of agreement to undertake a combination of business [...]

If only Nouriel Roubini knew a little more about gold

October 24, 2009 by · Leave a Comment 

11a ET Saturday, October 24, 2009 Dear Friend of GATA and Gold: New York University economics professor Nouriel Roubini disparaged gold in an interview with Index Universe’s research director, Dave Nadig, that was published Friday. Here’s the exchange: * * * IU.com: When you say “stay away from risky assets,” many people hear that and [...]

Gold May Have More Price Support now Than at any Time Since 1989

October 23, 2009 by · Leave a Comment 

The Daily Reckoning The central banks of the world are changing tune. Since 1989, the banks have been net sellers of gold reserves, meaning that as a group they have sold more than they have taken in. This is an important point because the large gold sales of central banks tend toward lowering the spot [...]

CoinWeek October 12-18, 2009

October 23, 2009 by · Leave a Comment 

What’s New on CoinLink …….. Olympic Medals – As unique as the world’s top athletes and their awe-inspiring performances, every medal won at the Vancouver 2010 Olympic and Paralympic Winter Games will be a one-of-a-kind work of art. NGC recently certified the unique Ecuador 1862 50 Francos struck in gold. This classic rarity of 19th-century [...]

Chinese Citizens Significantly Increasing Gold and Silver Ownership

October 23, 2009 by · Leave a Comment 

Mark O’Byrne submits: Gold Gold closed Friday night trading at $1,058.70/oz. In euro and GBP terms gold is trading at €704.55/oz and £642/oz. Gold looks set for its fourth week of gains (if it can remain above $1,053/oz) and this would be bullish technically. While fears about the Chinese economy may have led to some [...]

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